Waycross Partners LLC Purchases New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Waycross Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 65,000 shares of the exchange traded fund’s stock, valued at approximately $6,427,000.

A number of other institutional investors have also made changes to their positions in TLT. Simplicity Solutions LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Simplicity Solutions LLC now owns 7,338 shares of the exchange traded fund’s stock valued at $651,000 after purchasing an additional 2,296 shares during the period. AFG Fiduciary Services Limited Partnership boosted its position in iShares 20+ Year Treasury Bond ETF by 4.5% during the 3rd quarter. AFG Fiduciary Services Limited Partnership now owns 127,650 shares of the exchange traded fund’s stock worth $11,183,000 after acquiring an additional 5,550 shares during the last quarter. Heirloom Wealth Management bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $12,835,000. SVB Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $336,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $229,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.9 %

TLT stock traded down $0.76 during trading hours on Tuesday, hitting $88.22. 41,031,391 shares of the stock were exchanged, compared to its average volume of 43,357,715. The firm has a market capitalization of $44.67 billion, a P/E ratio of -7.07 and a beta of 0.06. The company has a 50-day simple moving average of $92.31 and a two-hundred day simple moving average of $92.59. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $106.60.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.3124 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 dividend on an annualized basis and a yield of 4.25%.

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.