Beacon Financial Advisory LLC Acquires 1,374 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beacon Financial Advisory LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,128 shares of the exchange traded fund’s stock after purchasing an additional 1,374 shares during the period. Beacon Financial Advisory LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $503,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TLT. McAdam LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 43.9% in the second quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after buying an additional 5,893 shares during the period. Saxon Interests Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 28.4% during the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 1,355 shares in the last quarter. Riverwater Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $223,000. Vontobel Holding Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after purchasing an additional 36,070 shares in the last quarter. Finally, Hancock Whitney Corp acquired a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $1,674,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 2.7 %

Shares of TLT stock opened at $90.20 on Thursday. The firm has a 50 day moving average of $96.13 and a 200-day moving average of $94.09. The company has a market cap of $58.43 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $86.74 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend was Friday, November 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.