iShares 20+ Year Treasury Bond ETF $TLT is Townsend & Associates Inc’s 3rd Largest Position

Townsend & Associates Inc raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 501,882 shares of the exchange traded fund’s stock after acquiring an additional 20,193 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 4.3% of Townsend & Associates Inc’s holdings, making the stock its 3rd largest holding. Townsend & Associates Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $45,772,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 161 shares in the last quarter. Clearstead Trust LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Ameritas Investment Partners Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $33,000. Caldwell Trust Co purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $36,000. Finally, Kilter Group LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $37,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1%

Shares of NASDAQ TLT opened at $87.03 on Friday. The firm has a 50-day simple moving average of $88.94 and a 200-day simple moving average of $88.32. The stock has a market capitalization of $47.68 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.3424 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.