Coastal Bridge Advisors LLC Has $3.32 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Coastal Bridge Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,091 shares of the exchange traded fund’s stock after acquiring an additional 8,581 shares during the period. Coastal Bridge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,315,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Davis Rea LTD. bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $4,468,000. WestEnd Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 17.1% in the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock worth $82,518,000 after buying an additional 134,792 shares in the last quarter. First Horizon Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth $5,510,000. Global Retirement Partners LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 439.2% during the 3rd quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock valued at $4,174,000 after acquiring an additional 38,043 shares during the period. Finally, Intrua Financial LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 43.3% during the third quarter. Intrua Financial LLC now owns 31,920 shares of the exchange traded fund’s stock valued at $2,853,000 after purchasing an additional 9,638 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2%

NASDAQ:TLT opened at $87.60 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.09. The company’s 50 day moving average price is $88.14 and its 200-day moving average price is $88.42. The stock has a market cap of $45.59 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.