Chesley Taft & Associates LLC Buys New Shares in iShares 20+ Year Treasury Bond ETF $TLT

Chesley Taft & Associates LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,287 shares of the exchange traded fund’s stock, valued at approximately $1,009,000.

Other hedge funds also recently made changes to their positions in the company. Adapt Wealth Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.3% in the 2nd quarter. Adapt Wealth Advisors LLC now owns 123,095 shares of the exchange traded fund’s stock valued at $10,863,000 after purchasing an additional 3,879 shares in the last quarter. Johnson Bixby & Associates LLC increased its position in iShares 20+ Year Treasury Bond ETF by 10.4% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 233 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 6.8% in the second quarter. Advisors Asset Management Inc. now owns 8,971 shares of the exchange traded fund’s stock valued at $792,000 after buying an additional 570 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $698,000. Finally, Tempus Wealth Planning LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 75.5% during the second quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock valued at $1,230,000 after buying an additional 5,993 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5%

TLT opened at $88.22 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The company has a 50 day moving average of $89.74 and a two-hundred day moving average of $88.19. The company has a market cap of $48.33 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a $0.3424 dividend. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a yield of 4.7%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.