Sovran Advisors LLC Boosts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Sovran Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 115,900 shares of the exchange traded fund’s stock after purchasing an additional 7,272 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 0.9% of Sovran Advisors LLC’s investment portfolio, making the stock its 19th largest position. Sovran Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,496,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TLT. Brighton Jones LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after acquiring an additional 601 shares during the last quarter. Capstone Wealth Management Group LLC raised its position in iShares 20+ Year Treasury Bond ETF by 409.3% in the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after purchasing an additional 40,863 shares during the period. Tempus Wealth Planning LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 75.5% in the second quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock worth $1,230,000 after purchasing an additional 5,993 shares during the last quarter. Johnson Bixby & Associates LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 10.4% during the second quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock valued at $219,000 after buying an additional 233 shares during the period. Finally, BayBridge Capital Group LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.2% during the second quarter. BayBridge Capital Group LLC now owns 7,441 shares of the exchange traded fund’s stock valued at $657,000 after buying an additional 435 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3%

NASDAQ TLT opened at $87.93 on Monday. The firm has a market cap of $46.26 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09. The stock has a 50-day moving average of $88.21 and a 200-day moving average of $88.40.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.3424 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.7%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.