iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Position Increased by BCM Advisors LLC

BCM Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.5% during the 3rd quarter, Holdings Channel reports. The firm owned 344,877 shares of the exchange traded fund’s stock after purchasing an additional 5,034 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 7.3% of BCM Advisors LLC’s portfolio, making the stock its 6th biggest holding. BCM Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $31,815,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. Divergent Wealth Advisors increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the third 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 period. Bleakley Financial Group LLC raised its position in iShares 20+ Year Treasury Bond ETF by 3.5% during the 1st quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after purchasing an additional 121 shares during the last quarter. Trivant Custom Portfolio Group LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 4.0% in the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 127 shares during the period. Crewe Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 22.4% during the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 135 shares in the last quarter. Finally, Institute for Wealth Management LLC. lifted its stake in iShares 20+ Year Treasury Bond ETF by 3.8% in the second quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock worth $341,000 after acquiring an additional 136 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.9 %

Shares of NASDAQ TLT opened at $89.80 on Thursday. The firm has a fifty day simple moving average of $95.51 and a two-hundred day simple moving average of $94.19. The firm has a market capitalization of $58.17 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.