Persium Advisors LLC Takes $8.08 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Persium Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 92,518 shares of the exchange traded fund’s stock, valued at approximately $8,080,000. iShares 20+ Year Treasury Bond ETF makes up approximately 8.0% of Persium Advisors LLC’s portfolio, making the stock its 4th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Prospera Private Wealth LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $42,000. ST Germain D J Co. Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares in the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $59,000. Finally, PSI Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 241 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock traded down $0.06 during midday trading on Monday, reaching $85.40. 21,892,246 shares of the company were exchanged, compared to its average volume of 33,489,703. The firm’s 50-day simple moving average is $90.22 and its 200-day simple moving average is $93.73. iShares 20+ Year Treasury Bond ETF has a 1 year low of $85.04 and a 1 year high of $101.64. The company has a market capitalization of $49.55 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.