SFG Wealth Management LLC. Acquires New Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SFG Wealth Management LLC. bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,972 shares of the exchange traded fund’s stock, valued at approximately $1,045,000.

Other large investors have also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $35,000. Prospera Private Wealth LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $42,000. ST Germain D J Co. Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares in the last quarter. CarsonAllaria Wealth Management Ltd. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $59,000. Finally, PSI Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 58.4% during the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 241 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

TLT stock opened at $87.19 on Monday. The firm has a 50 day moving average of $89.67 and a 200-day moving average of $93.54. The firm has a market capitalization of $51.62 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. This is a boost 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.