Tennessee Valley Asset Management Partners Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Tennessee Valley Asset Management Partners purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 1,632 shares of the exchange traded fund’s stock, valued at approximately $161,000.

A number of other hedge funds have also modified their holdings of TLT. Register Financial Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. SJS Investment Consulting Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $31,000. Rosenberg Matthew Hamilton raised its holdings in iShares 20+ Year Treasury Bond ETF by 8,825.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 353 shares during the period. Delos Wealth Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 365.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $45,000 after buying an additional 365 shares during the period. Finally, JFS Wealth Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 287.3% during the 3rd quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 385 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $89.00 on Tuesday. The company has a market capitalization of $46.36 billion, a P/E ratio of -7.07 and a beta of 0.32. The company’s 50 day moving average price is $92.74 and its two-hundred day moving average price is $92.52. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $107.24.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. The ex-dividend date was Monday, April 1st. This represents a $3.75 annualized dividend and a dividend yield of 4.21%.

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.