Abound Financial LLC Invests $2.96 Million in iShares 20+ Year Treasury Bond ETF $TLT

Abound Financial LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 34,010 shares of the exchange traded fund’s stock, valued at approximately $2,964,000. iShares 20+ Year Treasury Bond ETF accounts for about 0.7% of Abound Financial LLC’s holdings, making the stock its 26th biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TLT. Strategic Investment Advisors MI purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $27,000. Smartleaf Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $33,000. Trust Co. of Vermont increased its holdings in iShares 20+ Year Treasury Bond ETF by 90.5% during the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 181 shares during the period. Stone House Investment Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 352 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $35,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $85.72 on Tuesday. The stock has a market cap of $42.65 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The stock has a 50 day simple moving average of $85.68 and a two-hundred day simple moving average of $87.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.