Flagship Private Wealth LLC Takes $1.90 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Flagship Private Wealth LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 19,365 shares of the exchange traded fund’s stock, valued at approximately $1,900,000. iShares 20+ Year Treasury Bond ETF comprises approximately 1.0% of Flagship Private Wealth LLC’s holdings, making the stock its 25th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. McAdam LLC lifted its position in 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 valued at $1,772,000 after acquiring an additional 5,893 shares in the last quarter. Saxon Interests Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 28.4% during the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after buying an additional 1,355 shares during the period. Riverwater Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $223,000. Vontobel Holding Ltd. boosted its stake in iShares 20+ Year Treasury Bond ETF by 99.7% during the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after buying an additional 36,070 shares during the period. Finally, Hancock Whitney Corp bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $1,674,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $92.74 on Wednesday. The firm has a market capitalization of $60.08 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $86.60 and a one year high of $101.64. The company’s fifty day moving average price is $96.28 and its 200-day moving average price is $94.12.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be paid a $0.3105 dividend. The ex-dividend date of this dividend is Friday, November 1st. This is a boost 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 4.02%.

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.