NewEdge Wealth LLC Acquires 11,496 Shares of iShares 20+ Year Treasury Bond ETF $TLT

NewEdge Wealth LLC increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 102.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,771 shares of the exchange traded fund’s stock after buying an additional 11,496 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,974,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. Summer Road LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 200 shares during the last quarter. Trust Co. of Vermont boosted its stake in shares of 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 acquiring an additional 181 shares during the last quarter. Stone House Investment Management LLC grew its position in shares of 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 valued at $34,000 after acquiring an additional 352 shares during the period. Finally, Albion Financial Group UT bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $36,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $83.25 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 business has a fifty day moving average price of $85.15 and a 200-day moving average price of $86.59. The firm has a market capitalization of $42.25 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given 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.