Tempo Wealth LLC Invests $1.81 Million in iShares 20+ Year Treasury Bond ETF $TLT

Tempo Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 20,765 shares of the exchange traded fund’s stock, valued at approximately $1,810,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $27,000. Smartleaf Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $33,000. Trust Co. of Vermont grew its stake in iShares 20+ Year Treasury Bond ETF by 90.5% during the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 181 shares in the last quarter. Stone House Investment Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 352 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $86.75 on Friday. The firm has a market capitalization of $43.17 billion, a P/E ratio of -6.75 and a beta of 0.52. The business’s 50-day moving average is $85.66 and its two-hundred day moving average is $87.09. 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 Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.3358 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.