iShares 20+ Year Treasury Bond ETF $TLT is Joule Financial LLC’s 9th Largest Position

Joule Financial LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 17.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 65,168 shares of the exchange traded fund’s stock after purchasing an additional 9,785 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.7% of Joule Financial LLC’s portfolio, making the stock its 9th largest holding. Joule Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,824,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Davis Rea LTD. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $4,468,000. WestEnd Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 17.1% during the 3rd quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock worth $82,518,000 after purchasing an additional 134,792 shares in the last quarter. First Horizon Corp purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $5,510,000. Global Retirement Partners LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 439.2% in the 3rd quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock valued at $4,174,000 after purchasing an additional 38,043 shares in the last quarter. Finally, Intrua Financial LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 43.3% during the third quarter. Intrua Financial LLC now owns 31,920 shares of the exchange traded fund’s stock worth $2,853,000 after buying an additional 9,638 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $87.60 on Thursday. The company has a 50 day moving average price of $88.14 and a two-hundred day moving average price of $88.42. The stock has a market capitalization of $45.59 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3424 per share. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, December 19th.

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. 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.