Lewis Asset Management LLC Buys 2,365 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lewis Asset Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,716 shares of the exchange traded fund’s stock after acquiring an additional 2,365 shares during the quarter. Lewis Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $936,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TLT. Divergent Wealth Advisors increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after acquiring an additional 117 shares in the last quarter. Goelzer Investment Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.0% in the 3rd quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock valued at $1,490,000 after acquiring an additional 143 shares in the last quarter. Pinnacle Family Advisors LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 147 shares in the last quarter. Claro Advisors LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after acquiring an additional 149 shares in the last quarter. Finally, Empirical Asset Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.5% in the 3rd quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after acquiring an additional 152 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2 %

NASDAQ:TLT opened at $88.01 on Thursday. The company has a fifty day moving average of $89.21 and a 200-day moving average of $93.25. The firm has a market capitalization of $52.02 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.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.