LRI Investments LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

LRI Investments LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 470 shares of the exchange traded fund’s stock, valued at approximately $42,000.

A number of other hedge funds have also recently made changes to their positions in the business. Psagot Value Holdings Ltd. Israel purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $25,000. Bfsg LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 1,400.0% in the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 294 shares during the last quarter. Motco bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. Palisade Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $37,000. Finally, Atlanta Consulting Group Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $43,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.8 %

Shares of NASDAQ TLT traded up $0.72 during midday trading on Friday, hitting $92.99. The company’s stock had a trading volume of 34,423,772 shares, compared to its average volume of 39,892,824. The stock has a fifty day moving average price of $92.47 and a 200 day moving average price of $92.64. The firm has a market capitalization of $54.72 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $100.93.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a dividend of $0.2911 per share. This represents a $3.49 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date was Monday, July 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.