6,760 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Purchased by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,760 shares of the exchange traded fund’s stock, valued at approximately $590,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fund Evaluation Group LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $232,000. Toronto Dominion Bank increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.6% during the 2nd quarter. Toronto Dominion Bank now owns 73,670 shares of the exchange traded fund’s stock worth $6,761,000 after purchasing an additional 1,180 shares during the last quarter. Main Management Fund Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $46,248,000. Arkos Global Advisors bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $496,000. Finally, Ascent Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 9.2% in the second quarter. Ascent Group LLC now owns 42,359 shares of the exchange traded fund’s stock valued at $3,888,000 after purchasing an additional 3,552 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $87.22 on Friday. The company has a market capitalization of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a fifty day simple moving average of $89.35 and a two-hundred day simple moving average of $93.36. 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 firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.