WealthCare Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,802 shares of the exchange traded fund’s stock, valued at approximately $2,940,000. iShares 20+ Year Treasury Bond ETF makes up about 2.5% of WealthCare Asset Management LLC’s holdings, making the stock its 14th largest position.
Other institutional investors also recently bought and sold shares of the company. Summer Road LLC increased its holdings in shares of 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 acquiring an additional 200 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $32,000. Versant Capital Management Inc raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% during the 3rd quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 518 shares in the last quarter. Mosley Wealth Management lifted its stake in iShares 20+ Year Treasury Bond ETF by 9,933.3% during the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 596 shares during the last quarter. Finally, Cornerstone Planning Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 123.6% during the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 340 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.
iShares 20+ Year Treasury Bond ETF Stock Up 0.4%
Shares of TLT opened at $81.68 on Tuesday. The stock has a 50 day moving average price of $80.55 and a 200 day moving average price of $84.77. The company has a market capitalization of $48.30 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 52-week low of $76.43 and a 52-week high of $92.18.
iShares 20+ Year Treasury Bond ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3116 per share. The ex-dividend date was Thursday, October 1st. This represents a $3.74 annualized dividend and a dividend yield of 4.6%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.
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.
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