IFP Advisors Inc Has $41.90 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

IFP Advisors Inc raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 282.2% in the 4th quarter, Holdings Channel reports. The firm owned 480,682 shares of the exchange traded fund’s stock after acquiring an additional 354,906 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.9% of IFP Advisors Inc’s holdings, making the stock its 13th largest position. IFP Advisors Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $41,896,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. Silverlake Wealth Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 0.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after purchasing an additional 115 shares in the last quarter. Yukon Wealth Management Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after buying an additional 118 shares in the last quarter. Harvest Fund Management Co. Ltd increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after buying an additional 126 shares in the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock worth $329,000 after buying an additional 138 shares in the last quarter. Finally, Friedenthal Financial increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3.9% during the fourth quarter. Friedenthal Financial now owns 3,756 shares of the exchange traded fund’s stock worth $327,000 after buying an additional 140 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $83.02 on Wednesday. The company has a fifty day moving average of $86.33 and a 200-day moving average of $87.77. The company has a market capitalization of $41.31 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.3153 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Friday, May 1st.

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. 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.