iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Smart Money Group LLC

Smart Money Group LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,644 shares of the exchange traded fund’s stock after acquiring an additional 7,117 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 1.1% of Smart Money Group LLC’s portfolio, making the stock its 27th biggest holding. Smart Money Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,200,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Client 1ST Advisory Group LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $1,440,000. My Legacy Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 11.9% during the fourth quarter. My Legacy Advisors LLC now owns 16,152 shares of the exchange traded fund’s stock valued at $1,401,000 after buying an additional 1,718 shares in the last quarter. Maiden Cove Capital LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $250,000. Kelly Financial Services LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the fourth quarter. Kelly Financial Services LLC now owns 74,462 shares of the exchange traded fund’s stock valued at $6,505,000 after acquiring an additional 6,988 shares during the period. Finally, Ballew Advisors Inc lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 77.7% in the 4th quarter. Ballew Advisors Inc now owns 26,066 shares of the exchange traded fund’s stock valued at $2,227,000 after acquiring an additional 11,400 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $87.19 on Monday. The firm’s 50 day moving average price is $89.67 and its two-hundred day moving average price is $93.54. The stock has a market cap of $51.62 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve 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. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This represents a $4.21 annualized dividend and a yield of 4.83%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.