ShoreHaven Wealth Partners LLC Has $8.68 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

ShoreHaven Wealth Partners LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 99,546 shares of the exchange traded fund’s stock after selling 13,566 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 3.1% of ShoreHaven Wealth Partners LLC’s investment portfolio, making the stock its 6th largest position. ShoreHaven Wealth Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,677,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Silverlake Wealth Management LLC increased its position in shares of 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 valued at $1,832,000 after buying an additional 115 shares during the period. Yukon Wealth Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after buying an additional 118 shares during the period. Harvest Fund Management Co. Ltd increased its position in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the third 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 during the period. Cornerstone Wealth Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 138 shares during the period. Finally, Friedenthal Financial increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3.9% during the fourth quarter. Friedenthal Financial now owns 3,756 shares of the exchange traded fund’s stock valued at $327,000 after buying an additional 140 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4%

Shares of TLT opened at $85.31 on Thursday. The business’s 50-day moving average price is $85.85 and its 200-day moving average price is $87.41. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The stock has a market cap of $42.45 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be given a dividend of $0.3358 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Monday, June 1st.

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.