Perigon Wealth Management LLC Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Perigon Wealth Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 19.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 126,529 shares of the exchange traded fund’s stock after purchasing an additional 20,387 shares during the period. Perigon Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,013,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TLT. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $35,000. West Branch Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 94.9% in the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares during the period. Prospera Private Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $42,000. ST Germain D J Co. Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at $59,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $88.29 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The firm’s 50-day moving average is $89.31 and its 200 day moving average is $93.33. The company has a market capitalization of $52.19 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This represents a $4.21 annualized dividend and a dividend yield of 4.77%. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.