GDS Wealth Management Purchases Shares of 85,658 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

GDS Wealth Management acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 85,658 shares of the exchange traded fund’s stock, valued at approximately $8,470,000.

A number of other large investors have also recently made changes to their positions in TLT. Delos Wealth Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 60.2% during the fourth quarter. Delos Wealth Advisors LLC now owns 745 shares of the exchange traded fund’s stock valued at $74,000 after acquiring an additional 280 shares in the last quarter. Townsend & Associates Inc lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 86.1% in the fourth quarter. Townsend & Associates Inc now owns 352,354 shares of the exchange traded fund’s stock worth $32,892,000 after buying an additional 163,040 shares in the last quarter. Cullen Frost Bankers Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 34.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 802,929 shares of the exchange traded fund’s stock valued at $79,394,000 after buying an additional 205,962 shares during the last quarter. Cherry Tree Wealth Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $44,000. Finally, Sovereign Financial Group Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 13.7% during the 4th quarter. Sovereign Financial Group Inc. now owns 5,511 shares of the exchange traded fund’s stock worth $545,000 after acquiring an additional 666 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

TLT traded up $0.44 during trading hours on Thursday, hitting $90.63. The company’s stock had a trading volume of 39,596,828 shares, compared to its average volume of 43,250,520. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $105.52. The business’s 50-day moving average price is $91.81 and its 200-day moving average price is $92.76. The stock has a market cap of $46.30 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a $0.3077 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $3.69 annualized dividend and a yield of 4.07%.

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.