4Thought Financial Group Inc. Has $3.68 Million Stake in iShares 20+ Year Treasury Bond ETF $TLT

4Thought Financial Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 53.1% in the first quarter, Holdings Channel.com reports. The firm owned 42,450 shares of the exchange traded fund’s stock after purchasing an additional 14,725 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 1.8% of 4Thought Financial Group Inc.’s portfolio, making the stock its 18th biggest holding. 4Thought Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,680,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Summer Road LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. Trust Co. of Vermont raised its holdings in iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares during the last quarter. Finally, Stone House Investment Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 352 shares during the period. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $85.52 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The company has a market cap of $42.55 billion, a PE ratio of -6.75 and a beta of 0.52. The firm’s 50 day simple moving average is $85.65 and its 200 day simple moving average is $86.99.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.318 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

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. 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.