iShares 20+ Year Treasury Bond ETF $TLT Stock: Tectonic Advisors LLC Boosts Stake

Tectonic Advisors LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2,200.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 384,917 shares of the exchange traded fund’s stock after buying an additional 368,183 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.3% of Tectonic Advisors LLC’s portfolio, making the stock its 14th biggest position. Tectonic Advisors LLC owned 0.07% of iShares 20+ Year Treasury Bond ETF worth $29,939,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TLT. Summer Road LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the period. Axiom Investment Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $32,000. Versant Capital Management Inc grew its holdings in iShares 20+ Year Treasury Bond ETF by 1,126.1% in the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 518 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 123.6% during the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 340 shares in the last quarter. Finally, Mosley Wealth Management increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% during the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 596 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5%

Shares of TLT stock traded down $0.40 during trading hours on Friday, hitting $81.34. 34,787,676 shares of the company’s stock traded hands, compared to its average volume of 34,255,156. The stock’s fifty day simple moving average is $80.56 and its two-hundred day simple moving average is $83.48. iShares 20+ Year Treasury Bond ETF has a 12-month low of $76.43 and a 12-month high of $92.18. The stock has a market cap of $47.56 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3116 per share. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.74 dividend on an annualized basis and a yield of 4.6%.

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.