Bay Rivers Group Purchases 1,547 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Bay Rivers Group increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,359 shares of the exchange traded fund’s stock after purchasing an additional 1,547 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 3.4% of Bay Rivers Group’s investment portfolio, making the stock its 5th largest position. Bay Rivers Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,930,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Assetmark Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares during the period. Quadrature Capital Ltd bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $89,789,000. IMC Chicago LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 440.7% during the third quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after acquiring an additional 851,884 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after acquiring an additional 709,409 shares during the period. Finally, Harvest Portfolios Group Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after purchasing an additional 683,915 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $88.29 on Tuesday. 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 cap of $52.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50-day simple moving average is $89.31 and its 200-day simple moving average is $93.33.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.