Pallas Capital Advisors LLC Has $5.64 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pallas Capital Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,599 shares of the exchange traded fund’s stock after buying an additional 428 shares during the quarter. Pallas Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,641,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. Prospera Private Wealth LLC bought a new stake 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 position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $59,000. Finally, PSI Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 241 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock traded down $0.03 during trading hours on Monday, reaching $85.43. The company had a trading volume of 33,016,364 shares, compared to its average volume of 35,133,977. The company has a market cap of $49.57 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a fifty day simple moving average of $90.22 and a 200-day simple moving average of $93.73. iShares 20+ Year Treasury Bond ETF has a 12 month low of $85.04 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced 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. This represents a $4.21 annualized dividend and a yield of 4.93%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.