Endeavor Private Wealth Inc. Invests $907,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Endeavor Private Wealth Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,384 shares of the exchange traded fund’s stock, valued at approximately $907,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Raleigh Capital Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 68.3% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,441 shares of the exchange traded fund’s stock worth $126,000 after purchasing an additional 585 shares in the last quarter. D.B. Root & Company LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $535,000. Mutual Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 5.3% during the 4th quarter. Mutual Advisors LLC now owns 121,534 shares of the exchange traded fund’s stock valued at $10,578,000 after purchasing an additional 6,146 shares during the period. Finley Financial LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $90,000. Finally, West Branch Capital LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.51 on Thursday. The firm’s 50 day moving average price is $89.47 and its 200-day moving average price is $93.44. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The stock has a market cap of $51.81 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a yield of 4.81%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

About iShares 20+ Year Treasury Bond ETF

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.