LCW Services LLC Purchases Shares of 53,564 iShares 20+ Year Treasury Bond ETF $TLT

LCW Services LLC purchased a new stake in 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 53,564 shares of the exchange traded fund’s stock, valued at approximately $4,669,000. iShares 20+ Year Treasury Bond ETF accounts for about 2.5% of LCW Services LLC’s holdings, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 601 shares during the last quarter. Capstone Wealth Management Group LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 409.3% in the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after purchasing an additional 40,863 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 520.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 510 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after purchasing an additional 180,073 shares during the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after purchasing an additional 63,442 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $85.06 on Friday. The firm’s 50-day simple moving average is $85.80 and its 200-day simple moving average is $87.37. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The firm has a market cap of $42.33 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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. 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.