Principle Wealth Partners LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Principle Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 2,525 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Several other large investors have also recently bought and sold shares of TLT. Simplicity Solutions LLC raised its position in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Simplicity Solutions LLC now owns 7,338 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 2,296 shares in the last quarter. AFG Fiduciary Services Limited Partnership raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.5% in the third quarter. AFG Fiduciary Services Limited Partnership now owns 127,650 shares of the exchange traded fund’s stock valued at $11,183,000 after acquiring an additional 5,550 shares during the last quarter. Heirloom Wealth Management bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $12,835,000. SVB Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $336,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $229,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $88.98 on Tuesday. The stock has a market capitalization of $45.05 billion, a PE ratio of -7.07 and a beta of 0.06. The company has a 50 day moving average price of $92.39 and a 200 day moving average price of $92.57. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $106.60.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. This represents a $3.75 dividend on an annualized basis and a dividend yield of 4.21%. The ex-dividend date of this dividend was Monday, April 1st.

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.