Hollencrest Capital Management Has $1.27 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Hollencrest Capital Management cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 13,957 shares of the exchange traded fund’s stock after selling 462 shares during the quarter. Hollencrest Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,271,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Betterment LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 916.5% during the 4th quarter. Betterment LLC now owns 56,810 shares of the exchange traded fund’s stock worth $4,961,000 after purchasing an additional 51,221 shares in the last quarter. Checchi Capital Advisers LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock worth $13,828,000 after buying an additional 65,366 shares during the last quarter. Palogic Value Management L.P. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $3,013,000. Vermillion & White Wealth Management Group LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 25.2% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 13,227 shares of the exchange traded fund’s stock worth $1,155,000 after buying an additional 2,666 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.1% during the first quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after purchasing an additional 307 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $85.36 on Friday. The firm has a market cap of $47.18 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.30 and a 1 year high of $101.64. The stock has a 50 day simple moving average of $86.16 and a two-hundred day simple moving average of $87.88.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were paid a dividend of $0.3283 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $3.94 dividend on an annualized basis and a yield of 4.62%.

iShares 20+ Year Treasury Bond ETF 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.