Wedgewood Investors Inc. PA Takes $529,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Wedgewood Investors Inc. PA purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,346 shares of the exchange traded fund’s stock, valued at approximately $529,000.

A number of other institutional investors have also made changes to their positions in TLT. Register Financial Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $28,000. Rosenberg Matthew Hamilton raised its holdings in iShares 20+ Year Treasury Bond ETF by 8,825.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 353 shares during the last quarter. Delos Wealth Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 365.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 365 shares during the last quarter. JFS Wealth Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 287.3% during the 3rd quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 385 shares during the last quarter. Finally, AlphaCore Capital LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $47,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT traded up $0.15 on Wednesday, hitting $88.37. 13,132,945 shares of the stock were exchanged, compared to its average volume of 42,987,246. The stock has a market capitalization of $44.74 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $106.60. The company’s 50-day moving average price is $92.22 and its 200 day moving average price is $92.59.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.3124 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 dividend on an annualized basis and a dividend yield of 4.24%.

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.