iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is U.S. Capital Wealth Advisors LLC’s 2nd Largest Position

U.S. Capital Wealth Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5,860.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 959,473 shares of the exchange traded fund’s stock after buying an additional 943,376 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 3.8% of U.S. Capital Wealth Advisors LLC’s holdings, making the stock its 2nd largest holding. U.S. Capital Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $94,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SVB Wealth LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $336,000. Kingswood Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $229,000. FinTrust Capital Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 33,514.3% in the third quarter. FinTrust Capital Advisors LLC now owns 2,353 shares of the exchange traded fund’s stock valued at $209,000 after purchasing an additional 2,346 shares during the period. J.W. Cole Advisors Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $483,000. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 147.7% in the third quarter. Bank of New York Mellon Corp now owns 1,274,165 shares of the exchange traded fund’s stock worth $113,006,000 after buying an additional 759,792 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT traded up $0.90 during mid-day trading on Friday, hitting $89.84. 50,066,075 shares of the company traded hands, compared to its average volume of 43,806,707. The firm’s 50 day simple moving average is $91.99 and its 200 day simple moving average is $92.62. The firm has a market cap of $45.90 billion, a P/E ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $106.45.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.3077 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.11%.

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.