Beacon Financial Advisory LLC Buys 1,374 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beacon Financial Advisory LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,128 shares of the exchange traded fund’s stock after purchasing an additional 1,374 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $503,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Motco acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $32,000. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $35,000. Finally, Anfield Capital Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $90.20 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $86.74 and a 52 week high of $101.64. The stock has a market capitalization of $58.43 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a fifty day moving average of $96.13 and a 200-day moving average of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.13%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend 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.