Heck Capital Advisors LLC Buys 14,938 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Heck Capital Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,702 shares of the exchange traded fund’s stock after purchasing an additional 14,938 shares during the period. Heck Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,732,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Hudock Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $252,000. SimpliFi Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $323,000. Capital Investment Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $345,000. Oak Family Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $261,000. Finally, Invested Advisors bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $213,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.7%

TLT opened at $87.93 on Friday. The stock has a fifty day simple moving average of $88.58 and a two-hundred day simple moving average of $88.35. The company has a market cap of $47.08 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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. 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.