Pacific Wealth Management Buys 1,085 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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Pacific Wealth Management grew its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTGet Rating) by 3.1% during the first quarter, HoldingsChannel reports. The firm owned 36,566 shares of the exchange traded fund’s stock after buying an additional 1,085 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 4.3% of Pacific Wealth Management’s portfolio, making the stock its 6th largest position. Pacific Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,830,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Provident Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000. Integrity Financial Corp WA acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000. McDonald Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $34,000. IronBridge Private Wealth LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $41,000. Finally, Dixon Hughes Goodman Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $39,000.

Shares of NASDAQ TLT opened at $112.66 on Wednesday. The stock’s 50 day moving average price is $116.86 and its two-hundred day moving average price is $131.56. iShares 20+ Year Treasury Bond ETF has a 52-week low of $108.11 and a 52-week high of $155.12.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 7th. Investors of record on Thursday, June 2nd were paid a dividend of $0.207 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.20. This represents a $2.48 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend was Wednesday, June 1st.

iShares 20+ Year Treasury Bond ETF Company Profile (Get Rating)

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.

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