Arax Advisory Partners Invests $5.03 Million in iShares 20+ Year Treasury Bond ETF $TLT

Arax Advisory Partners acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 57,668 shares of the exchange traded fund’s stock, valued at approximately $5,026,000.

Several other large investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after acquiring an additional 1,418,641 shares in the last quarter. Morgan Stanley boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after acquiring an additional 4,577,906 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Harvest Portfolios Group Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after acquiring an additional 33,088 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.9% during the 4th quarter. Hantz Financial Services Inc. now owns 2,846,143 shares of the exchange traded fund’s stock worth $248,070,000 after acquiring an additional 158,421 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $85.77 on Monday. The firm has a market cap of $42.68 billion, a PE ratio of -6.75 and a beta of 0.52. The business has a fifty day simple moving average of $85.70 and a 200-day simple moving average of $87.21. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3358 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 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.