Birchbrook Inc. Purchases 3,598 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Birchbrook Inc. raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 76,566 shares of the exchange traded fund’s stock after acquiring an additional 3,598 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 3.9% of Birchbrook Inc.’s investment portfolio, making the stock its 5th biggest position. Birchbrook Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,970,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. NBC Securities Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $25,000. Byrne Asset Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $26,000. Proathlete Wealth Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $28,000. Coastline Trust Co bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. Finally, First Pacific Financial bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $38,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.34 on Friday. The firm has a 50 day simple moving average of $86.92 and a 200-day simple moving average of $87.71. The stock has a market capitalization of $50.51 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a $0.3281 dividend. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.