BCM Advisors LLC Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

BCM Advisors LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 344,877 shares of the exchange traded fund’s stock after buying an additional 5,034 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 7.3% of BCM Advisors LLC’s holdings, making the stock its 6th biggest position. BCM Advisors LLC owned approximately 0.05% of iShares 20+ Year Treasury Bond ETF worth $31,815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Motco bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Riggs Asset Managment Co. Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth $35,000. ORG Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $35,000. Finally, Anfield Capital Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $36,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $89.80 on Thursday. The company has a market capitalization of $58.17 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $87.34 and a 52-week high of $101.64. The company has a 50-day simple moving average of $95.51 and a 200 day simple moving average of $94.19.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.3105 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 annualized dividend and a yield of 4.15%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 20+ Year Treasury Bond ETF

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.