Cahill Financial Advisors Inc. Grows Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cahill Financial Advisors Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 62.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,067 shares of the exchange traded fund’s stock after acquiring an additional 14,219 shares during the period. Cahill Financial Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TLT. Advisors Asset Management Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 153.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $169,000 after purchasing an additional 1,081 shares in the last quarter. LRI Investments LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $42,000. Lazard Asset Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 21.2% during the 1st quarter. Lazard Asset Management LLC now owns 5,002 shares of the exchange traded fund’s stock valued at $473,000 after acquiring an additional 874 shares during the last quarter. Ashford Capital Management Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 2.3% during the 1st quarter. Ashford Capital Management Inc. now owns 30,635 shares of the exchange traded fund’s stock worth $2,899,000 after acquiring an additional 679 shares in the last quarter. Finally, Dynasty Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $44,346,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $90.39 on Friday. The stock has a market capitalization of $58.55 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 $87.34 and a one year high of $101.64. The company’s 50-day simple moving average is $94.14 and its 200-day simple moving average is $94.24.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a yield of 4.12%. The ex-dividend date 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 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.