Mayflower Financial Advisors LLC Acquires 6,964 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mayflower Financial Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 29,473 shares of the exchange traded fund’s stock after purchasing an additional 6,964 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,574,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TLT. Watershed Private Wealth LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 16.9% during the fourth quarter. Watershed Private Wealth LLC now owns 23,830 shares of the exchange traded fund’s stock worth $2,081,000 after acquiring an additional 3,439 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 12.3% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 7,407 shares of the exchange traded fund’s stock valued at $647,000 after purchasing an additional 809 shares during the last quarter. Perigon Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 19.2% in the fourth quarter. Perigon Wealth Management LLC now owns 126,529 shares of the exchange traded fund’s stock valued at $11,013,000 after purchasing an additional 20,387 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 6.5% in the fourth quarter. Hutchens & Kramer Investment Management Group LLC now owns 3,624 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 220 shares during the last quarter. Finally, TRU Independence Asset Management 2 LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 22.3% in the fourth quarter. TRU Independence Asset Management 2 LLC now owns 7,387 shares of the exchange traded fund’s stock valued at $645,000 after purchasing an additional 1,349 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1 %

Shares of TLT stock opened at $88.18 on Wednesday. The stock has a market cap of $52.12 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock has a 50 day simple moving average of $89.26 and a 200 day simple moving average of $93.29. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares 20+ Year Treasury Bond ETF

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.