TFB Advisors LLC Takes $2.42 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

TFB Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, HoldingsChannel reports. The fund acquired 24,708 shares of the exchange traded fund’s stock, valued at approximately $2,424,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.7% of TFB Advisors LLC’s holdings, making the stock its 28th largest holding.

Other large investors also recently bought and sold shares of the company. McAdam LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 43.9% in the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after buying an additional 5,893 shares during the last quarter. Saxon Interests Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 28.4% in the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 1,355 shares during the last quarter. Riverwater Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $223,000. Vontobel Holding Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Finally, Hancock Whitney Corp acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $1,674,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $91.33 on Friday. The business’s 50-day moving average is $96.00 and its 200 day moving average is $94.08. iShares 20+ Year Treasury Bond ETF has a 1 year low of $86.74 and a 1 year high of $101.64. The firm has a market capitalization of $59.16 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.3105 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a dividend yield of 4.08%. The ex-dividend date was Friday, November 1st.

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.