BCI Securities Inc. Makes New Investment in iShares 20+ Year Treasury Bond ETF $TLT

BCI Securities Inc. bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,305 shares of the exchange traded fund’s stock, valued at approximately $724,000. iShares 20+ Year Treasury Bond ETF accounts for about 6.3% of BCI Securities Inc.’s investment portfolio, making the stock its 6th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Silverlake Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 0.6% in the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock worth $1,832,000 after purchasing an additional 115 shares during the period. Yukon Wealth Management Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 0.5% in the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after purchasing an additional 118 shares during the period. Advyzon Investment Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 124 shares during the period. Harvest Fund Management Co. Ltd lifted its position in iShares 20+ Year Treasury Bond ETF by 15.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares during the period. Finally, Cornerstone Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 3.8% in the fourth quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 138 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $86.19 on Wednesday. The company has a market capitalization of $42.89 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The business has a 50 day moving average price of $85.67 and a two-hundred day moving average price of $87.15.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3358 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.