11,959 Shares in iShares 20+ Year Treasury Bond ETF $TLT Purchased by Procyon Advisors LLC

Procyon Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, Holdings Channel reports. The fund purchased 11,959 shares of the exchange traded fund’s stock, valued at approximately $1,042,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 161 shares in the last quarter. Greykasell Wealth Strategies Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Strategic Investment Advisors MI acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Ameritas Investment Partners Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $33,000. Finally, First Command Advisory Services Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $33,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $86.39 on Tuesday. The business has a fifty day moving average price of $88.19 and a 200 day moving average price of $88.88. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The stock has a market capitalization of $44.83 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.3006 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, March 2nd.

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.