SWP Financial LLC Purchases Shares of 22,300 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SWP Financial LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,300 shares of the exchange traded fund’s stock, valued at approximately $1,947,000. iShares 20+ Year Treasury Bond ETF comprises about 1.2% of SWP Financial LLC’s holdings, making the stock its 23rd biggest holding.

Several other large investors have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after buying an additional 31,502,110 shares during the period. Assetmark Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the period. Harvest Portfolios Group Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after purchasing an additional 683,915 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 51.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after purchasing an additional 709,409 shares during the period. Finally, Hantz Financial Services Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 14.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,782,601 shares of the exchange traded fund’s stock valued at $174,873,000 after purchasing an additional 219,372 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $87.22 on Monday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The firm has a market cap of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. The business’s 50 day moving average price is $89.35 and its 200-day moving average price is $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a yield of 4.83%. This is a boost 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.