Buffalo Business & Estate Services Ltd. Takes $8.46 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Buffalo Business & Estate Services Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 97,625 shares of the exchange traded fund’s stock, valued at approximately $8,463,000. iShares 20+ Year Treasury Bond ETF accounts for about 1.2% of Buffalo Business & Estate Services Ltd.’s portfolio, making the stock its 13th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the business. Silverlake Wealth Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.6% in the 4th quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after purchasing an additional 115 shares during the period. Yukon Wealth Management Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after buying an additional 118 shares during the period. Advyzon Investment Management LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after buying an additional 124 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in iShares 20+ Year Treasury Bond ETF by 15.8% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock valued at $82,000 after buying an additional 126 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 3.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 138 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $86.09 on Tuesday. The business’s fifty day moving average price is $85.65 and its two-hundred day moving average price is $87.06. 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 market capitalization of $42.84 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.3358 dividend. The ex-dividend date was Monday, June 1st. 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.

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.