Gerald Baker Financial Group LLC Buys Shares of 10,878 iShares 20+ Year Treasury Bond ETF $TLT

Gerald Baker Financial Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,878 shares of the exchange traded fund’s stock, valued at approximately $950,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Silverlake Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 0.6% in the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after purchasing an additional 115 shares during the last quarter. Yukon Wealth Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after purchasing an additional 118 shares in the last quarter. Advyzon Investment Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 124 shares during the last quarter. United Asset Strategies Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after purchasing an additional 126 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd lifted its stake in iShares 20+ Year Treasury Bond ETF by 15.8% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock valued at $82,000 after buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $84.21 on Friday. The stock’s 50 day moving average price is $85.31 and its 200 day moving average price is $86.75. The firm has a market cap of $42.67 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

About iShares 20+ Year Treasury Bond ETF

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.