Range Financial Group LLC Takes $257,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Range Financial Group LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,942 shares of the exchange traded fund’s stock, valued at approximately $257,000.

A number of other large investors also recently added to or reduced their stakes in TLT. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $42,000. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $59,000. PSI Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 58.4% during the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 241 shares during the last quarter. Finally, Signaturefd LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 100.7% during the 3rd quarter. Signaturefd LLC now owns 899 shares of the exchange traded fund’s stock valued at $88,000 after acquiring an additional 451 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 1.1 %

TLT stock opened at $85.92 on Wednesday. The firm has a 50-day moving average of $90.58 and a two-hundred day moving average of $93.90. iShares 20+ Year Treasury Bond ETF has a 12 month low of $85.79 and a 12 month high of $101.64. The company has a market cap of $49.46 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. This is an increase 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 dividend on an annualized basis and a yield of 4.90%.

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.