Saxon Interests Inc. Has $446,000 Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Saxon Interests Inc. reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,106 shares of the exchange traded fund’s stock after selling 933 shares during the quarter. Saxon Interests Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $446,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of TLT. Procyon Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 8,929.3% during the 4th quarter. Procyon Advisors LLC now owns 353,317 shares of the exchange traded fund’s stock valued at $30,855,000 after acquiring an additional 349,404 shares in the last quarter. RDA Financial Network lifted its stake in iShares 20+ Year Treasury Bond ETF by 18.1% during the fourth quarter. RDA Financial Network now owns 8,020 shares of the exchange traded fund’s stock worth $700,000 after purchasing an additional 1,228 shares during the period. Empirical Asset Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 4.4% during the fourth quarter. Empirical Asset Management LLC now owns 6,496 shares of the exchange traded fund’s stock valued at $567,000 after purchasing an additional 276 shares in the last quarter. Omega Financial Group LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.7% in the 4th quarter. Omega Financial Group LLC now owns 19,734 shares of the exchange traded fund’s stock valued at $1,723,000 after purchasing an additional 527 shares during the period. Finally, Heritage Family Offices LLP raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.8% in the 4th quarter. Heritage Family Offices LLP now owns 2,510 shares of the exchange traded fund’s stock worth $219,000 after buying an additional 160 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.30 on Friday. The business has a 50 day simple moving average of $89.78 and a 200 day simple moving average of $93.53. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The company has a market capitalization of $51.13 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 annualized dividend and a dividend yield of 4.82%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.