Providence Capital Advisors LLC Raises Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Providence Capital Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,983 shares of the exchange traded fund’s stock after acquiring an additional 327 shares during the quarter. Providence Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,255,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. McAdam LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after acquiring an additional 5,893 shares during the period. Saxon Interests Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 28.4% in the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after buying an additional 1,355 shares during the period. Riverwater Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $223,000. Vontobel Holding Ltd. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after buying an additional 36,070 shares during the period. Finally, Wedgewood Investors Inc. PA purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $481,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $93.01 on Thursday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week high of $101.64. The stock has a 50 day simple moving average of $93.80 and a two-hundred day simple moving average of $94.30. The stock has a market cap of $60.25 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.3105 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.73 annualized dividend and a yield of 4.01%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.