Foster & Motley Inc. Buys 535 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Foster & Motley Inc. raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.7% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 74,942 shares of the exchange traded fund’s stock after buying an additional 535 shares during the period. Foster & Motley Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,352,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Motco bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $35,000. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $35,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $36,000. 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 $89.76 on Wednesday. The firm has a market capitalization of $58.15 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s 50 day simple moving average is $96.28 and its 200 day simple moving average is $94.12. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $86.74 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be given a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.15%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date is Friday, November 1st.

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.