Castleark Management LLC Acquires 42,730 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Castleark Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 45.2% in the 1st quarter, Holdings Channel.com reports. The firm owned 137,270 shares of the exchange traded fund’s stock after acquiring an additional 42,730 shares during the period. Castleark Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,900,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $31,000. Summer Road LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 117.6% during the first 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 boosted its holdings in iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 181 shares in the last quarter. Stone House Investment Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 352 shares in the last quarter. Finally, Albion Financial Group UT bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $36,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $83.25 on Monday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18. The stock’s fifty day moving average price is $85.15 and its 200-day moving average price is $86.59. The stock has a market cap of $42.25 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.318 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.