Collaborative Fund Advisors LLC Invests $1.78 Million in iShares 20+ Year Treasury Bond ETF $TLT

Collaborative Fund Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 20,564 shares of the exchange traded fund’s stock, valued at approximately $1,783,000.

A number of other institutional investors have also added to or reduced their stakes in TLT. Strategic Investment Advisors MI bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $31,000. Summer Road LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the period. Trust Co. of Vermont raised its stake in iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 181 shares during the period. Finally, Stone House Investment Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth 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. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $85.51 on Monday. The firm has a market capitalization of $41.10 billion, a PE ratio of -6.75 and a beta of 0.51. The company has a 50-day moving average price of $85.60 and a two-hundred day moving average price of $86.96. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.318 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 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.