Forefront Wealth Partners LLC Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Forefront Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,464 shares of the exchange traded fund’s stock, valued at approximately $578,000.

Other large investors also recently bought and sold shares of the company. Ascent Group LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 29.6% during the third quarter. Ascent Group LLC now owns 18,419 shares of the exchange traded fund’s stock valued at $1,646,000 after purchasing an additional 4,210 shares during the period. Klaas Financial Asset Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 2.3% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 105,246 shares of the exchange traded fund’s stock valued at $9,406,000 after purchasing an additional 2,327 shares in the last quarter. LifeWealth Investments LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 2.2% during the 3rd quarter. LifeWealth Investments LLC now owns 66,866 shares of the exchange traded fund’s stock valued at $5,976,000 after purchasing an additional 1,433 shares in the last quarter. Rooted Wealth Advisors Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 11.5% during the 3rd quarter. Rooted Wealth Advisors Inc. now owns 9,190 shares of the exchange traded fund’s stock worth $821,000 after buying an additional 950 shares during the period. Finally, Encompass More Asset Management lifted its holdings in iShares 20+ Year Treasury Bond ETF by 61.6% in the 3rd quarter. Encompass More Asset Management now owns 165,239 shares of the exchange traded fund’s stock worth $14,767,000 after buying an additional 62,960 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $87.86 on Wednesday. The firm has a 50-day moving average of $89.21 and a two-hundred day moving average of $88.33. The stock has a market cap of $48.13 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.3424 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

iShares 20+ Year Treasury Bond ETF Company 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.