Marshall Financial Group LLC Raises Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Marshall Financial Group LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,788 shares of the exchange traded fund’s stock after purchasing an additional 318 shares during the quarter. Marshall Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $418,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. First Citizens Bank & Trust Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 32.4% in the 4th quarter. First Citizens Bank & Trust Co. now owns 2,722 shares of the exchange traded fund’s stock worth $238,000 after purchasing an additional 666 shares during the last quarter. Patton Albertson Miller Group LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $590,000. Merkkuri Wealth Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 20.6% in the fourth quarter. Merkkuri Wealth Advisors LLC now owns 3,385 shares of the exchange traded fund’s stock worth $296,000 after buying an additional 578 shares during the last quarter. B.O.S.S. Retirement Advisors LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $1,462,000. Finally, CFS Investment Advisory Services LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.0% in the fourth quarter. CFS Investment Advisory Services LLC now owns 93,802 shares of the exchange traded fund’s stock worth $8,192,000 after buying an additional 4,458 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4 %

Shares of NASDAQ TLT opened at $87.22 on Monday. The firm has a market cap of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The company has a 50 day moving average of $89.35 and a 200 day moving average of $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.