PSI Advisors LLC Has $5.60 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

PSI Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9,705.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,129 shares of the exchange traded fund’s stock after purchasing an additional 63,475 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.7% of PSI Advisors LLC’s holdings, making the stock its 16th largest position. PSI Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,600,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of TLT. Unique Wealth LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 157.7% during the 4th quarter. Unique Wealth LLC now owns 14,836 shares of the exchange traded fund’s stock worth $1,296,000 after purchasing an additional 9,079 shares in the last quarter. FNY Investment Advisers LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $834,000. Granite Bay Wealth Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $9,808,000. Catalyst Private Wealth LLC raised its position in iShares 20+ Year Treasury Bond ETF by 93.5% during the fourth quarter. Catalyst Private Wealth LLC now owns 18,356 shares of the exchange traded fund’s stock worth $1,603,000 after acquiring an additional 8,871 shares in the last quarter. Finally, Pallas Capital Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 0.7% in the fourth quarter. Pallas Capital Advisors LLC now owns 64,599 shares of the exchange traded fund’s stock valued at $5,641,000 after acquiring an additional 428 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $85.43 on Tuesday. The company’s 50-day moving average is $90.22 and its 200-day moving average is $93.73. The firm has a market capitalization of $49.57 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $85.04 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.93%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.