TD Private Client Wealth LLC Acquires 73,807 Shares of iShares 20+ Year Treasury Bond ETF $TLT

TD Private Client Wealth LLC grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 633,358 shares of the exchange traded fund’s stock after acquiring an additional 73,807 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.3% of TD Private Client Wealth LLC’s holdings, making the stock its 14th largest position. TD Private Client Wealth LLC owned approximately 0.12% of iShares 20+ Year Treasury Bond ETF worth $56,603,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Kiker Wealth Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 8.3% in the third quarter. Kiker Wealth Management LLC now owns 70,456 shares of the exchange traded fund’s stock valued at $6,297,000 after purchasing an additional 5,372 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 13.9% in the 3rd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 198,553 shares of the exchange traded fund’s stock valued at $17,745,000 after buying an additional 24,162 shares during the last quarter. First Horizon Corp acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $5,510,000. Meeder Asset Management Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $45,443,000. Finally, Citizens Financial Group Inc. RI increased its holdings in iShares 20+ Year Treasury Bond ETF by 2.0% during the third quarter. Citizens Financial Group Inc. RI now owns 90,544 shares of the exchange traded fund’s stock worth $8,092,000 after buying an additional 1,762 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3%

NASDAQ TLT opened at $87.67 on Tuesday. The firm’s fifty day moving average price is $88.54 and its two-hundred day moving average price is $88.36. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The firm has a market capitalization of $46.40 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3424 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Friday, December 19th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.