Burford Brothers Inc. Boosts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Burford Brothers Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,890 shares of the exchange traded fund’s stock after purchasing an additional 2,097 shares during the period. Burford Brothers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $689,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TLT. Independence Bank of Kentucky acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $26,000. Richardson Financial Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $30,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $32,000. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Finally, West Branch Capital LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares during 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

Shares of TLT stock opened at $87.76 on Monday. The firm has a market capitalization of $53.34 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 $84.89 and a one year high of $101.64. The company has a 50 day moving average price of $89.12 and a 200 day moving average price of $93.17.

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 dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.80%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

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.