First Horizon Advisors Inc. Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

First Horizon Advisors Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.9% in the third quarter, Holdings Channel.com reports. The firm owned 142,308 shares of the exchange traded fund’s stock after acquiring an additional 1,226 shares during the period. First Horizon Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,961,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $35,000. ORG Wealth Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth about $35,000. Anfield Capital Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $36,000. Finally, PSI Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 79.6% in the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 183 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $90.70 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week high of $101.64. The firm has a market cap of $58.76 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm has a 50-day simple moving average of $94.74 and a two-hundred day simple moving average of $94.27.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3105 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date was Friday, November 1st.

About iShares 20+ Year Treasury Bond ETF

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.