Ibex Wealth Advisors Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Ibex Wealth Advisors purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,331 shares of the exchange traded fund’s stock, valued at approximately $990,000.

Several other hedge funds have also added to or reduced their stakes in the business. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $35,000. West Branch Capital LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the period. Prospera Private Wealth LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $42,000. ST Germain D J Co. Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $59,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

TLT traded up $0.20 during midday trading on Wednesday, reaching $88.39. The company’s stock had a trading volume of 4,151,197 shares, compared to its average volume of 32,085,625. The firm has a market capitalization of $52.25 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The stock’s 50-day moving average is $89.26 and its 200-day moving average is $93.29.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 4.77%. The ex-dividend date of this dividend was Wednesday, December 18th. 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.