IFP Advisors Inc Purchases 354,906 Shares of iShares 20+ Year Treasury Bond ETF $TLT

IFP Advisors Inc raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 282.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 480,682 shares of the exchange traded fund’s stock after acquiring an additional 354,906 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 0.9% of IFP Advisors Inc’s investment portfolio, making the stock its 13th largest position. IFP Advisors Inc owned about 0.09% of iShares 20+ Year Treasury Bond ETF worth $41,896,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TLT. Greykasell Wealth Strategies Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $27,000. First Command Advisory Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $33,000. Smartleaf Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $33,000. Finally, Trust Co. of Vermont raised its position in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6%

NASDAQ TLT opened at $83.02 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The company has a 50 day moving average of $86.33 and a 200-day moving average of $87.77. The company has a market cap of $41.31 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.3153 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Friday, May 1st.

iShares 20+ Year Treasury Bond ETF Company 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.