Patriot Financial Group Insurance Agency LLC Purchases New Shares in iShares 20+ Year Treasury Bond ETF $TLT

Patriot Financial Group Insurance Agency LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,784 shares of the exchange traded fund’s stock, valued at approximately $606,000.

A number of other hedge funds have also recently bought and sold shares of TLT. JPMorgan Chase & Co. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after purchasing an additional 2,508,650 shares in the last quarter. Eisler Capital Management Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $94,839,000. Electron Capital Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $78,067,000. Finally, Harvest Portfolios Group Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after buying an additional 599,149 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8%

Shares of NASDAQ TLT opened at $87.55 on Friday. The company has a market capitalization of $47.96 billion, a PE ratio of -6.75 and a beta of 0.53. The stock’s 50 day moving average price is $89.68 and its 200-day moving average price is $88.23. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

iShares 20+ Year Treasury Bond ETF 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.