King Luther Capital Management Corp Purchases Shares of 229,045 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

King Luther Capital Management Corp bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 229,045 shares of the exchange traded fund’s stock, valued at approximately $23,578,000.

A number of other institutional investors have also recently added to or reduced their stakes in TLT. Atlas Private Wealth Advisors raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.6% in the 2nd quarter. Atlas Private Wealth Advisors now owns 29,668 shares of the exchange traded fund’s stock valued at $3,054,000 after acquiring an additional 14,803 shares during the period. Mutual Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 242.6% during the second quarter. Mutual Advisors LLC now owns 49,275 shares of the exchange traded fund’s stock worth $5,072,000 after purchasing an additional 34,893 shares in the last quarter. Alliance Wealth Advisors LLC UT boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2.9% in the first quarter. Alliance Wealth Advisors LLC UT now owns 108,521 shares of the exchange traded fund’s stock worth $11,543,000 after buying an additional 3,033 shares during the period. Bayberry Capital Partners LP acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $3,191,000. Finally, Gradient Investments LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21,890.4% during the 2nd quarter. Gradient Investments LLC now owns 255,528 shares of the exchange traded fund’s stock valued at $26,304,000 after buying an additional 254,366 shares during the period. Hedge funds and other institutional investors own 66.54% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.59 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $109.68. The stock’s 50 day moving average price is $87.85 and its 200 day moving average price is $95.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were paid a $0.286 dividend. The ex-dividend date of this dividend was Wednesday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a $3.43 annualized dividend and a dividend yield of 3.79%.

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.