LexAurum Advisors LLC Grows Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

LexAurum Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 104.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,424 shares of the exchange traded fund’s stock after acquiring an additional 4,804 shares during the period. LexAurum Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of TLT. RFG Advisory LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 7.7% in the 4th quarter. RFG Advisory LLC now owns 44,964 shares of the exchange traded fund’s stock worth $3,927,000 after buying an additional 3,217 shares during the period. ONE Advisory Partners LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 13.7% in the fourth quarter. ONE Advisory Partners LLC now owns 56,316 shares of the exchange traded fund’s stock valued at $4,918,000 after purchasing an additional 6,792 shares in the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 201 shares during the period. Brighton Jones LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 601 shares during the period. Finally, New Century Financial Group LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 15.9% during the 4th quarter. New Century Financial Group LLC now owns 8,890 shares of the exchange traded fund’s stock worth $776,000 after purchasing an additional 1,221 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8 %

TLT stock opened at $86.83 on Friday. The stock has a 50-day simple moving average of $89.41 and a two-hundred day simple moving average of $93.39. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The firm has a market capitalization of $51.06 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.85%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.