Smith Salley Wealth Management Increases Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Smith Salley Wealth Management lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.2% in the 4th quarter, HoldingsChannel reports. The fund owned 42,622 shares of the exchange traded fund’s stock after purchasing an additional 486 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,722,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $89,789,000. IMC Chicago LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 440.7% during the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after buying an additional 851,884 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in iShares 20+ Year Treasury Bond ETF by 51.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $87.19 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The company has a market cap of $51.06 billion, a PE ratio of -7.14 and a beta of 0.06. The business has a 50-day simple moving average of $89.67 and a two-hundred day simple moving average of $93.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business 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 annualized dividend and a yield of 4.83%. 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.