Synergy Asset Management LLC Invests $164,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Synergy Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,879 shares of the exchange traded fund’s stock, valued at approximately $164,000.

A number of other large investors have also added to or reduced their stakes in the stock. Centaurus Financial Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 29.8% during the second quarter. Centaurus Financial Inc. now owns 360,615 shares of the exchange traded fund’s stock worth $33,097,000 after acquiring an additional 82,703 shares in the last quarter. Paragon Capital Management Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 10.1% during the 2nd quarter. Paragon Capital Management Inc. now owns 9,941 shares of the exchange traded fund’s stock valued at $912,000 after purchasing an additional 909 shares during the period. Alternative Investment Advisors LLC. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $7,967,000. Global Wealth Strategies & Associates boosted its stake in iShares 20+ Year Treasury Bond ETF by 4.9% in the 3rd quarter. Global Wealth Strategies & Associates now owns 53,432 shares of the exchange traded fund’s stock worth $5,242,000 after purchasing an additional 2,500 shares during the period. Finally, Dentgroup LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 19.8% during the 3rd quarter. Dentgroup LLC now owns 7,405 shares of the exchange traded fund’s stock valued at $726,000 after buying an additional 1,222 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $88.34 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The firm has a market capitalization of $52.22 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a fifty day moving average price of $89.17 and a 200-day moving average price of $93.22.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 4.77%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.