Ibex Wealth Advisors Takes $990,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Ibex Wealth Advisors purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 11,331 shares of the exchange traded fund’s stock, valued at approximately $990,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TLT. Fund Evaluation Group LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $232,000. Regal Investment Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 9.8% during the second quarter. Regal Investment Advisors LLC now owns 33,738 shares of the exchange traded fund’s stock valued at $3,096,000 after purchasing an additional 3,015 shares during the period. SPC Financial Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 7.5% during the second quarter. SPC Financial Inc. now owns 2,534 shares of the exchange traded fund’s stock valued at $233,000 after purchasing an additional 176 shares during the period. New Century Financial Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 28.9% during the second quarter. New Century Financial Group LLC now owns 8,379 shares of the exchange traded fund’s stock valued at $769,000 after purchasing an additional 1,879 shares during the period. Finally, Strategic Investment Solutions Inc. IL bought a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $1,947,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock traded up $0.20 during midday trading on Wednesday, reaching $88.39. 4,151,197 shares of the company traded hands, compared to its average volume of 32,085,625. The firm has a market capitalization of $52.25 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average of $89.26 and a two-hundred day moving average of $93.29. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. 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. This represents a $4.21 annualized dividend and a yield of 4.77%.

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.