24,788 Shares in iShares 20+ Year Treasury Bond ETF $TLT Purchased by Silverlake Wealth Management LLC

Silverlake Wealth Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 24,788 shares of the exchange traded fund’s stock, valued at approximately $2,188,000.

Several other hedge funds also recently made changes to their positions in TLT. Clearstead Trust LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares during the period. Ameritas Investment Partners Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $33,000. Kilter Group LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $37,000. Finally, MassMutual Private Wealth & Trust FSB increased its position in iShares 20+ Year Treasury Bond ETF by 38.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 129 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.34 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09. The company has a 50-day simple moving average of $89.84 and a 200-day simple moving average of $88.15. The firm has a market capitalization of $47.84 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a dividend of $0.3206 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.4%.

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.