Hazlett Burt & Watson Inc. Purchases 730 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Hazlett Burt & Watson Inc. grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 45.6% in the third quarter, HoldingsChannel.com reports. The firm owned 2,331 shares of the exchange traded fund’s stock after acquiring an additional 730 shares during the period. Hazlett Burt & Watson Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $229,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Motco bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $34,000. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $35,000. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $35,000. Finally, Anfield Capital Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $36,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 1.6 %

Shares of TLT stock opened at $92.25 on Tuesday. The stock has a market cap of $59.76 billion, a P/E ratio of -7.14 and a beta of 0.06. The company’s fifty day simple moving average is $96.50 and its two-hundred day simple moving average is $94.07. iShares 20+ Year Treasury Bond ETF has a 52 week low of $86.60 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be issued a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a yield of 4.04%. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.