Davis Rea LTD. Acquires New Stake in iShares 20+ Year Treasury Bond ETF $TLT

Davis Rea LTD. bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 50,000 shares of the exchange traded fund’s stock, valued at approximately $4,468,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Clearstead Trust LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $25,000. Cary Street Partners Investment Advisory LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares during the period. Ameritas Investment Partners Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $33,000. Caldwell Trust Co bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $36,000. Finally, Kilter Group LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $37,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.0%

NASDAQ:TLT opened at $88.31 on Friday. The company has a 50-day moving average of $88.45 and a 200-day moving average of $88.37. The firm 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 twelve month low of $83.29 and a twelve 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. Investors of record on Friday, December 19th were issued a dividend of $0.3424 per share. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.