AllGen Financial Advisors Inc. Acquires Shares of 109,210 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AllGen Financial Advisors Inc. bought a new stake 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. The firm bought 109,210 shares of the exchange traded fund’s stock, valued at approximately $10,799,000. iShares 20+ Year Treasury Bond ETF accounts for about 5.6% of AllGen Financial Advisors Inc.’s holdings, making the stock its 6th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in TLT. Register Financial Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $28,000. Rosenberg Matthew Hamilton increased its holdings in iShares 20+ Year Treasury Bond ETF by 8,825.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 353 shares during the last quarter. Delos Wealth Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 365.0% in the third quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 365 shares during the period. JFS Wealth Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 287.3% in the third quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 385 shares during the period. Finally, AlphaCore Capital LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth about $47,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.0 %

Shares of TLT stock traded up $0.90 on Friday, reaching $89.84. The company had a trading volume of 50,066,075 shares, compared to its average volume of 43,806,707. The stock has a market cap of $46.26 billion, a PE ratio of -7.14 and a beta of 0.39. The company has a 50-day moving average of $91.99 and a 200-day moving average of $92.67. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $106.45.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a $0.3077 dividend. This represents a $3.69 annualized dividend and a yield of 4.11%. The ex-dividend date is Wednesday, May 1st.

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.