Eley Financial Management Inc Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Eley Financial Management Inc bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 49,181 shares of the exchange traded fund’s stock, valued at approximately $4,863,000. iShares 20+ Year Treasury Bond ETF makes up approximately 2.3% of Eley Financial Management Inc’s portfolio, making the stock its 12th biggest holding.

Several other hedge funds have also added to or reduced their stakes in TLT. Shelton Capital Management raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.3% in the third quarter. Shelton Capital Management now owns 2,391 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 120 shares during the last quarter. Atticus Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 35.0% in the third quarter. Atticus Wealth Management LLC now owns 556 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 144 shares during the last quarter. Solstein Capital LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.9% in the fourth quarter. Solstein Capital LLC now owns 8,582 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 164 shares during the last quarter. Banco Santander S.A. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.7% in the third quarter. Banco Santander S.A. now owns 26,434 shares of the exchange traded fund’s stock worth $2,344,000 after purchasing an additional 171 shares during the last quarter. Finally, Western Financial Corp CA increased its position in iShares 20+ Year Treasury Bond ETF by 4.4% during the fourth quarter. Western Financial Corp CA now owns 4,225 shares of the exchange traded fund’s stock valued at $418,000 after acquiring an additional 177 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock traded up $0.52 during mid-day trading on Friday, reaching $88.30. 11,419,478 shares of the stock traded hands, compared to its average volume of 43,179,207. The stock has a market capitalization of $45.61 billion, a PE ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $106.76. The business’s 50-day moving average is $92.59 and its 200-day moving average is $92.52.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. This represents a $3.75 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date was Monday, April 1st.

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.