Islay Capital Management LLC Grows Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Islay Capital Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 779.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,097 shares of the exchange traded fund’s stock after buying an additional 7,176 shares during the period. Islay Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $715,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TLT. Clearstead Trust LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 129 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its position in shares of iShares 20+ Year Treasury Bond ETF by 416.0% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 416 shares during the period. SouthState Corp bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $50,000. Finally, Harbor Investment Advisory LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,477.5% during the 2nd quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 591 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.8%

TLT opened at $89.38 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.85. The company has a market cap of $48.96 billion, a PE ratio of -6.75 and a beta of 0.53. The company has a 50 day moving average of $90.03 and a 200 day moving average of $87.80.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a $0.3251 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.