Gateway Wealth Partners LLC Purchases 1,699 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Gateway Wealth Partners LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,409 shares of the exchange traded fund’s stock after acquiring an additional 1,699 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $734,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Divergent Wealth Advisors lifted its position in iShares 20+ Year Treasury Bond ETF by 1.1% during the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after purchasing an additional 117 shares during the last quarter. Goelzer Investment Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.0% in the third quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock worth $1,490,000 after buying an additional 143 shares during the period. Pinnacle Family Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 6.3% during 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 during the period. 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 valued at $1,428,000 after purchasing an additional 149 shares during the period. Finally, Empirical Asset Management LLC boosted its holdings 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 valued at $610,000 after buying an additional 152 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $88.18 on Wednesday. The stock has a market cap of $52.12 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50-day moving average is $89.26 and its 200 day moving average is $93.29. 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 disclosed 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 4.78%. 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.

iShares 20+ Year Treasury Bond ETF Company 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.