Hutchens & Kramer Investment Management Group LLC Buys 220 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Hutchens & Kramer Investment Management Group LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.5% in the fourth quarter, HoldingsChannel reports. The firm owned 3,624 shares of the exchange traded fund’s stock after acquiring an additional 220 shares during the period. Hutchens & Kramer Investment Management Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $316,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $35,000. West Branch Capital LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 203 shares in the last quarter. Prospera Private Wealth LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $42,000. ST Germain D J Co. Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $59,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $88.29 on Tuesday. The company has a market cap of $52.19 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock has a 50-day simple moving average of $89.31 and a 200 day simple moving average of $93.33.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a yield of 4.77%.

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.