Asempa Wealth Advisors Invests $971,000 in iShares 20+ Year Treasury Bond ETF $TLT

Asempa Wealth Advisors purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 11,144 shares of the exchange traded fund’s stock, valued at approximately $971,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. Davis Rea LTD. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $4,468,000. WestEnd Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 17.1% during the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock valued at $82,518,000 after acquiring an additional 134,792 shares during the last quarter. Alliance Wealth Advisors LLC UT bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at $1,378,000. First Horizon Corp acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $5,510,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 439.2% during the third quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock worth $4,174,000 after purchasing an additional 38,043 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 1.9%

NASDAQ TLT opened at $85.83 on Monday. The firm has a market capitalization of $44.54 billion, a PE ratio of -6.75 and a beta of 0.53. The business’s 50-day moving average price is $88.22 and its two-hundred day moving average price is $88.88. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.