iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Position Increased by Foster & Motley Inc.

Foster & Motley Inc. raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 75,316 shares of the exchange traded fund’s stock after acquiring an additional 374 shares during the period. Foster & Motley Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,577,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Fund Evaluation Group LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at $232,000. SPC Financial Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 7.5% during the second quarter. SPC Financial Inc. now owns 2,534 shares of the exchange traded fund’s stock valued at $233,000 after buying an additional 176 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $1,947,000. Sanctuary Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $38,429,000. Finally, Centaurus Financial Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 29.8% during the second quarter. Centaurus Financial Inc. now owns 360,615 shares of the exchange traded fund’s stock valued at $33,097,000 after acquiring an additional 82,703 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $88.01 on Thursday. The firm has a 50 day simple moving average of $89.21 and a 200 day simple moving average of $93.25. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The company has a market cap of $52.02 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.79%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

About iShares 20+ Year Treasury Bond ETF

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.