Park Avenue Securities LLC Increases Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Park Avenue Securities LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 767,634 shares of the exchange traded fund’s stock after purchasing an additional 98,927 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 0.7% of Park Avenue Securities LLC’s portfolio, making the stock its 22nd biggest position. Park Avenue Securities LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $67,037,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of TLT. Divergent Wealth Advisors raised its position in iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after buying an additional 117 shares during the last quarter. Goelzer Investment Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 1.0% during the third quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock worth $1,490,000 after purchasing an additional 143 shares in the last quarter. Pinnacle Family Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 6.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after purchasing an additional 147 shares in the last quarter. Claro Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after purchasing an additional 149 shares during the period. Finally, Empirical Asset Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.5% during the 3rd quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock worth $610,000 after buying an additional 152 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $85.29 on Wednesday. The stock’s 50 day moving average price is $89.93 and its 200 day moving average price is $93.62. The company has a market cap of $49.49 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.94%.

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.