Colton Groome Financial Advisors LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Colton Groome Financial Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 2,797 shares of the exchange traded fund’s stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. New Republic Capital LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $26,000. Register Financial Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $28,000. Stonebridge Capital Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $29,000. SJS Investment Consulting Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth about $31,000. Finally, Compass Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $34,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5 %

Shares of NASDAQ TLT traded down $0.45 during mid-day trading on Thursday, reaching $88.83. 43,827,592 shares of the company’s stock were exchanged, compared to its average volume of 43,887,348. The business has a fifty day simple moving average of $92.93 and a 200 day simple moving average of $92.39. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $107.24.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. The ex-dividend date was Monday, April 1st. This represents a $3.75 annualized dividend and a dividend yield of 4.22%.

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.