Oak Family Advisors LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF $TLT

Oak Family Advisors LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 12,324 shares of the exchange traded fund’s stock, valued at approximately $1,068,000.

A number of other large investors also recently added to or reduced their stakes in TLT. Surience Private Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $1,480,000. Hixon Zuercher LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 5.6% during the first quarter. Hixon Zuercher LLC now owns 60,811 shares of the exchange traded fund’s stock worth $5,272,000 after buying an additional 3,241 shares in the last quarter. Murphy & Mullick Capital Management Corp raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 46.1% during the 1st quarter. Murphy & Mullick Capital Management Corp now owns 3,193 shares of the exchange traded fund’s stock worth $277,000 after acquiring an additional 1,007 shares during the period. Krilogy Financial LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 8.1% in the 1st quarter. Krilogy Financial LLC now owns 409,326 shares of the exchange traded fund’s stock valued at $35,317,000 after purchasing an additional 30,775 shares during the last quarter. Finally, Buffalo Business & Estate Services Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $8,463,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 1.4%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.38 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The business’s fifty day simple moving average is $85.65 and its 200-day simple moving average is $87.03. The firm has a market cap of $43.48 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3358 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st.

About iShares 20+ Year Treasury Bond ETF

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.