LGT Financial Advisors LLC Purchases 1,714 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

LGT Financial Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,152 shares of the exchange traded fund’s stock after purchasing an additional 1,714 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 2.0% of LGT Financial Advisors LLC’s investment portfolio, making the stock its 11th largest holding. LGT Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $800,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Divergent Wealth Advisors boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after buying an additional 117 shares during the last quarter. Bleakley Financial Group LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3.5% in the 1st quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 121 shares during the last quarter. 49 Wealth Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.4% in the first quarter. 49 Wealth Management LLC now owns 2,418 shares of the exchange traded fund’s stock valued at $224,000 after buying an additional 124 shares in the last quarter. Trivant Custom Portfolio Group LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 4.0% during the second quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 127 shares during the last quarter. Finally, Crewe Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 22.4% during the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 135 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $90.20 on Thursday. The firm has a 50-day moving average of $96.13 and a 200-day moving average of $94.09. The company has a market cap of $58.43 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $86.74 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.73 annualized dividend and a yield of 4.13%.

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.