Insight Wealth Strategies LLC Has $22.98 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Insight Wealth Strategies LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 263,090 shares of the exchange traded fund’s stock after buying an additional 11,176 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 3.1% of Insight Wealth Strategies LLC’s holdings, making the stock its 10th biggest holding. Insight Wealth Strategies LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $22,976,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $42,000. CarsonAllaria Wealth Management Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $59,000. PSI Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 241 shares during the period. Finally, Signaturefd LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 100.7% during the third quarter. Signaturefd LLC now owns 899 shares of the exchange traded fund’s stock valued at $88,000 after purchasing an additional 451 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2 %

Shares of NASDAQ:TLT traded down $0.20 on Monday, reaching $87.09. 18,261,418 shares of the company’s stock were exchanged, compared to its average volume of 22,491,246. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $86.67 and a fifty-two week high of $101.64. The business’s 50-day moving average is $90.80 and its two-hundred day moving average is $94.00. The firm has a market capitalization of $50.13 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a yield of 4.84%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.