iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Acquired by Summit Wealth Group LLC

Summit Wealth Group LLC boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,887 shares of the exchange traded fund’s stock after purchasing an additional 4,524 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.2% of Summit Wealth Group LLC’s investment portfolio, making the stock its 22nd largest position. Summit Wealth Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,305,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $36,000. Finally, PSI Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 79.6% in the 2nd quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 183 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $90.24 on Tuesday. The company has a market capitalization of $58.46 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $94.94 and a 200-day simple moving average of $94.26. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3105 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.73 annualized dividend and a yield of 4.13%.

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.