Bay Rivers Group Acquires 1,116 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Bay Rivers Group raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.4% in the first quarter, HoldingsChannel.com reports. The fund owned 80,475 shares of the exchange traded fund’s stock after buying an additional 1,116 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 3.8% of Bay Rivers Group’s portfolio, making the stock its 5th biggest position. Bay Rivers Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,326,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Matrix Trust Co acquired a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $1,313,000. GenWealth Group Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $58,861,000. Granite Bay Wealth Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 18.5% during the first quarter. Granite Bay Wealth Management LLC now owns 133,104 shares of the exchange traded fund’s stock worth $12,116,000 after buying an additional 20,793 shares during the period. Iams Wealth Management LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 126.6% in the 1st quarter. Iams Wealth Management LLC now owns 7,622 shares of the exchange traded fund’s stock worth $694,000 after buying an additional 4,259 shares in the last quarter. Finally, CPR Investments Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $5,278,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $86.39 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.30 and a 1-year high of $101.64. The company has a market capitalization of $46.75 billion, a P/E ratio of -6.91 and a beta of 0.06. The business’s fifty day moving average price is $87.46 and its two-hundred day moving average price is $88.82.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, June 5th. Investors of record on Monday, June 2nd will be issued a $0.3195 dividend. This represents a $3.83 annualized dividend and a yield of 4.44%. The ex-dividend date is Monday, June 2nd.

iShares 20+ Year Treasury Bond ETF Company Profile

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.