iShares 20+ Year Treasury Bond ETF $TLT Shares Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 146.2% during the 3rd quarter, Holdings Channel reports. The firm owned 20,831 shares of the exchange traded fund’s stock after purchasing an additional 12,370 shares during the period. Maridea Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,907,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings in iShares 20+ Year Treasury Bond ETF by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after acquiring an additional 2,508,650 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after purchasing an additional 3,632,572 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 8.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after purchasing an additional 527,803 shares during the last quarter. Alliancebernstein L.P. lifted its stake in iShares 20+ Year Treasury Bond ETF by 2.3% during the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in iShares 20+ Year Treasury Bond ETF by 1.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock valued at $240,758,000 after purchasing an additional 38,589 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $89.87 on Wednesday. The stock has a market capitalization of $46.63 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09. The company has a 50 day moving average price of $87.79 and a 200 day moving average price of $88.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.3319 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.