Proficio Capital Partners LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Proficio Capital Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, Holdings Channel.com reports. The fund bought 118,954 shares of the exchange traded fund’s stock, valued at approximately $11,669,000. iShares 20+ Year Treasury Bond ETF accounts for 1.2% of Proficio Capital Partners LLC’s investment portfolio, making the stock its 21st biggest holding.

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

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $92.49 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $86.74 and a one year high of $101.64. The stock has a fifty day moving average of $95.92 and a 200-day moving average of $94.14. The company has a market capitalization of $59.92 billion, a PE 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. Stockholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

iShares 20+ Year Treasury Bond ETF 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.