Brookstone Capital Management Buys 13,118 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Brookstone Capital Management lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.7% in the first quarter, Holdings Channel.com reports. The firm owned 135,590 shares of the exchange traded fund’s stock after buying an additional 13,118 shares during the period. Brookstone Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,754,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of TLT. CPR Investments Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 164.4% in the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock worth $6,692,000 after purchasing an additional 47,741 shares during the period. Benin Management CORP purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $4,655,000. Affinity Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.6% in the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after buying an additional 7,325 shares during the period. Consolidated Portfolio Review Corp raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 129.3% in the third quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock worth $1,439,000 after buying an additional 9,084 shares during the period. Finally, Caldwell Trust Co lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,038.7% during the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 6,045 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8%

TLT opened at $86.09 on Tuesday. The business has a fifty day moving average of $85.65 and a 200 day moving average of $87.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The stock has a market cap of $42.84 billion, a P/E ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3358 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st.

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. 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.