FTB Advisors Inc. Takes $287,000 Position in iShares 20+ Year Treasury Bond ETF (TLT)

FTB Advisors Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, HoldingsChannel reports. The institutional investor acquired 2,450 shares of the exchange traded fund’s stock, valued at approximately $287,000.

Several other institutional investors also recently bought and sold shares of the company. Riggs Asset Managment Co. Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 532.1% in the second quarter. Riggs Asset Managment Co. Inc. now owns 885 shares of the exchange traded fund’s stock valued at $108,000 after buying an additional 745 shares during the last quarter. Northern Trust Corp purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $224,000. Buckley Wealth Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $241,000. BDO Wealth Advisors LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 110.5% in the second quarter. BDO Wealth Advisors LLC now owns 2,000 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 1,050 shares during the last quarter. Finally, Stephens Inc. AR purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $249,000.

NASDAQ TLT opened at $113.35 on Friday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $111.90 and a 1 year high of $128.59.

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were paid a $0.2747 dividend. This represents a $3.30 annualized dividend and a yield of 2.91%. The ex-dividend date was Thursday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.26.

COPYRIGHT VIOLATION WARNING: This story was published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The correct version of this story can be viewed at https://www.thelincolnianonline.com/2018/11/10/ftb-advisors-inc-takes-287000-position-in-ishares-20-year-treasury-bond-etf-tlt.html.

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.

Read More: Diversification in Your Portfolio

Want to see what other hedge funds are holding TLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT).

Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Receive News & Ratings for iShares 20+ Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 20+ Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply