iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stock Position Lifted by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24,359.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 330,450 shares of the exchange traded fund’s stock after buying an additional 329,099 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 2.3% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 12th biggest position. Armstrong Advisory Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $28,858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Divergent Wealth Advisors boosted its stake in iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after purchasing an additional 117 shares in the last quarter. Goelzer Investment Management Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.0% during the third quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock worth $1,490,000 after acquiring an additional 143 shares in the last quarter. Pinnacle Family Advisors LLC grew 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 buying 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% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after purchasing an additional 149 shares during the last quarter. Finally, Empirical Asset Management LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 2.5% during the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 152 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.7 %

TLT opened at $86.76 on Thursday. The stock’s 50 day moving average price is $89.93 and its two-hundred day moving average price is $93.62. The firm has a market capitalization of $50.81 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase 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.