iShares 20+ Year Treasury Bond ETF $TLT Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 49.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 114,043 shares of the exchange traded fund’s stock after purchasing an additional 37,917 shares during the period. Wealthfront Advisers LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,940,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. Greykasell Wealth Strategies Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $27,000. Strategic Investment Advisors MI acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $27,000. First Command Advisory Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $33,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $33,000. Finally, Trust Co. of Vermont grew its position in shares of iShares 20+ Year Treasury Bond ETF by 90.5% during the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 181 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.70 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $92.18. The company has a market cap of $42.25 billion, a PE ratio of -6.75 and a beta of 0.57. The business has a 50-day simple moving average of $87.44 and a 200-day simple moving average of $88.34.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a dividend of $0.3448 per share. The ex-dividend date was Wednesday, April 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a c) annualized dividend and a yield of 4.8%.

iShares 20+ Year Treasury Bond ETF Company 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.