James Investment Research Inc. Boosts Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

James Investment Research Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,171 shares of the exchange traded fund’s stock after acquiring an additional 576 shares during the quarter. James Investment Research Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,099,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Motco purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $35,000. ORG Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $35,000. Finally, Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $36,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 1.4 %

NASDAQ:TLT opened at $90.84 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $86.22 and a 12-month high of $101.64. The stock has a 50-day moving average price of $96.50 and a 200 day moving average price of $94.00. The stock has a market capitalization of $57.97 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be paid a dividend of $0.3105 per share. The ex-dividend date of this dividend is Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a yield of 4.10%.

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.