Western Wealth Management LLC Buys 3,600 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Western Wealth Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 26,810 shares of the exchange traded fund’s stock after purchasing an additional 3,600 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,651,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TLT. New Republic Capital LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $26,000. Register Financial Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000. Stonebridge Capital Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $29,000. SJS Investment Consulting Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $31,000. Finally, Compass Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $34,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

Shares of TLT traded up $0.18 during trading hours on Friday, reaching $89.01. 10,986,310 shares of the stock traded hands, compared to its average volume of 43,403,793. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $107.24. The company’s 50-day moving average price is $92.93 and its two-hundred day moving average price is $92.39.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. This represents a $3.75 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date was Monday, April 1st.

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.