Second Half Financial Partners LLC Invests $435,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Second Half Financial Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,435 shares of the exchange traded fund’s stock, valued at approximately $435,000.

Several other institutional investors and hedge funds have also modified their holdings of TLT. PNC Financial Services Group Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 10.4% during the third quarter. PNC Financial Services Group Inc. now owns 303,619 shares of the exchange traded fund’s stock worth $29,785,000 after buying an additional 28,694 shares in the last quarter. Summit Wealth Group LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 11.5% during the 3rd quarter. Summit Wealth Group LLC now owns 43,887 shares of the exchange traded fund’s stock valued at $4,305,000 after acquiring an additional 4,524 shares during the period. Lowery Thomas LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $1,602,000. Prospera Financial Services Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 15.6% in the third quarter. Prospera Financial Services Inc now owns 239,597 shares of the exchange traded fund’s stock worth $23,504,000 after purchasing an additional 32,327 shares during the period. Finally, Meeder Asset Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 95.3% in the third quarter. Meeder Asset Management Inc. now owns 494,558 shares of the exchange traded fund’s stock worth $48,516,000 after purchasing an additional 241,342 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 1.1 %

TLT opened at $91.26 on Tuesday. The stock has a market capitalization of $59.12 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $87.34 and a twelve month high of $101.64. The company has a 50-day simple moving average of $94.94 and a 200 day simple moving average of $94.26.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date was Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.