Saxony Capital Management LLC Buys 250 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Saxony Capital Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,353 shares of the exchange traded fund’s stock after acquiring an additional 250 shares during the period. Saxony Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $206,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TLT. Principal Financial Group Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after acquiring an additional 27,586 shares during the period. Vontobel Holding Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after purchasing an additional 36,070 shares in the last quarter. Commerce Bank grew its position in iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares during the period. ST Germain D J Co. Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 25.4% during the third quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock worth $171,541,000 after buying an additional 354,610 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $88.34 on Friday. The stock has a market cap of $52.22 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The firm’s 50-day simple moving average is $89.17 and its 200 day simple moving average is $93.22.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.