Alliance Wealth Advisors LLC UT Acquires New Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Alliance Wealth Advisors LLC UT purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 35,123 shares of the exchange traded fund’s stock, valued at approximately $3,197,000.

Other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 200.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock worth $3,281,866,000 after purchasing an additional 71,888,500 shares in the last quarter. Simplex Trading LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $278,367,000. Aurora Private Wealth Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 8,040.5% in the first quarter. Aurora Private Wealth Inc. now owns 2,643,962 shares of the exchange traded fund’s stock worth $240,680,000 after purchasing an additional 2,611,483 shares in the last quarter. State of Tennessee Department of Treasury purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $194,796,000. Finally, Assetmark Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 415.4% in the first quarter. Assetmark Inc. now owns 1,678,685 shares of the exchange traded fund’s stock worth $152,811,000 after purchasing an additional 1,352,977 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $86.40 on Friday. The firm has a fifty day moving average price of $86.72 and a 200-day moving average price of $87.88. The stock has a market cap of $48.31 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Friday, August 1st were paid a $0.3308 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Friday, August 1st.

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.