iShares 20+ Year Treasury Bond ETF $TLT Stock Position Lifted by Granite Bay Wealth Management LLC

Granite Bay Wealth Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 210,379 shares of the exchange traded fund’s stock after acquiring an additional 17,921 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 3.9% of Granite Bay Wealth Management LLC’s holdings, making the stock its 9th largest holding. Granite Bay Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $18,228,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of TLT. Strategic Investment Advisors MI bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Summer Road LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 200 shares during the last quarter. Trust Co. of Vermont boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 90.5% during the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 181 shares during the period. Finally, Stone House Investment Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 352 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $84.47 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The company’s 50 day moving average price is $85.44 and its 200-day moving average price is $86.86. The stock has a market capitalization of $41.60 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.318 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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. 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.