Savvy Advisors Inc. Has $1.48 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Savvy Advisors Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 72.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,946 shares of the exchange traded fund’s stock after buying an additional 7,141 shares during the period. Savvy Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,477,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in iShares 20+ Year Treasury Bond ETF by 3.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after purchasing an additional 1,195,788 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 8.6% in the third quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after purchasing an additional 527,803 shares during the period. Harvest Portfolios Group Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% in the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after purchasing an additional 33,088 shares during the period. Alliancebernstein L.P. raised its holdings in iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after purchasing an additional 63,442 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in iShares 20+ Year Treasury Bond ETF by 1.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock worth $240,758,000 after purchasing an additional 38,589 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $86.65 on Tuesday. The firm’s fifty day moving average is $87.93 and its two-hundred day moving average is $88.65. The firm has a market cap of $41.88 billion, a PE ratio of -6.75 and a beta of 0.55. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $92.19.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be issued a $0.3448 dividend. This represents a c) annualized dividend and a yield of 4.8%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date is Wednesday, April 1st.

iShares 20+ Year Treasury Bond ETF Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.