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

Cadence Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 574,974 shares of the exchange traded fund’s stock after acquiring an additional 76,790 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 24.2% of Cadence Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Cadence Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $50,115,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in TLT. Assetmark Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 652.3% during the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after acquiring an additional 1,411,767 shares during the period. Cibc World Market Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 429.3% during the 3rd quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock worth $133,217,000 after acquiring an additional 1,208,976 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 3.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after acquiring an additional 1,195,788 shares during the period. Prudential PLC raised its position in iShares 20+ Year Treasury Bond ETF by 104.9% during the 3rd quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock worth $93,536,000 after buying an additional 535,870 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted 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 acquiring an additional 527,803 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $84.68 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The stock has a market capitalization of $42.14 billion, a PE ratio of -6.75 and a beta of 0.53. The company has a fifty day moving average of $86.09 and a 200-day moving average of $87.66.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.3153 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.