80,669 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Bought by Royal Fund Management LLC

Royal Fund Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 80,669 shares of the exchange traded fund’s stock, valued at approximately $7,977,000. iShares 20+ Year Treasury Bond ETF comprises approximately 0.9% of Royal Fund Management LLC’s holdings, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 135.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock worth $1,429,728,000 after purchasing an additional 9,270,435 shares in the last quarter. Morgan Stanley increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the third quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock valued at $3,500,096,000 after buying an additional 6,505,853 shares during the period. Rafferty Asset Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 17.7% in the third quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock valued at $1,385,414,000 after buying an additional 2,352,314 shares during the period. LPL Financial LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 102.7% in the third quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock valued at $409,223,000 after buying an additional 2,337,389 shares during the period. Finally, Nisa Investment Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $197,760,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock traded up $0.90 on Friday, hitting $89.84. The company had a trading volume of 50,066,075 shares, compared to its average volume of 43,806,707. The firm has a market cap of $46.26 billion, a P/E ratio of -7.14 and a beta of 0.39. The stock’s 50-day moving average is $91.99 and its two-hundred day moving average is $92.62. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $106.45.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a dividend of $0.3077 per share. The ex-dividend date is Wednesday, May 1st. This represents a $3.69 annualized dividend and a dividend yield of 4.11%.

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.