Ocean Park Asset Management LLC Purchases 115,330 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Ocean Park Asset Management LLC increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 717.7% in the fourth quarter, Holdings Channel reports. The fund owned 131,400 shares of the exchange traded fund’s stock after purchasing an additional 115,330 shares during the quarter. Ocean Park Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,453,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Yoder Wealth Management Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 0.4% in the 3rd quarter. Yoder Wealth Management Inc. now owns 29,867 shares of the exchange traded fund’s stock worth $2,669,000 after purchasing an additional 109 shares during the period. Mather Group LLC. raised its stake in iShares 20+ Year Treasury Bond ETF by 3.4% in the third quarter. Mather Group LLC. now owns 3,538 shares of the exchange traded fund’s stock worth $316,000 after buying an additional 115 shares in the last quarter. Silverlake Wealth Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 0.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock worth $1,832,000 after buying an additional 115 shares during the period. SteelPeak Wealth LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 3.3% during the 3rd quarter. SteelPeak Wealth LLC now owns 3,705 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 118 shares in the last quarter. Finally, Yukon Wealth Management Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.5% in the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after acquiring an additional 118 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $85.64 on Monday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09. The business has a fifty day moving average price of $88.04 and a 200 day moving average price of $88.79. The stock has a market capitalization of $44.44 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.