Sovran Advisors LLC Acquires 7,272 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Sovran Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.7% in the third quarter, Holdings Channel.com reports. The fund owned 115,900 shares of the exchange traded fund’s stock after purchasing an additional 7,272 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 0.9% of Sovran Advisors LLC’s portfolio, making the stock its 19th largest holding. Sovran Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,496,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TLT. Clearstead Trust LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $25,000. Cary Street Partners Investment Advisory LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 130.9% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 161 shares during the period. Ameritas Investment Partners Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $33,000. Caldwell Trust Co bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $36,000. Finally, Kilter Group LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $37,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $87.93 on Monday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The firm has a market capitalization of $46.26 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock has a 50 day moving average price of $88.21 and a 200-day moving average price of $88.40.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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. 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.