Flatrock Wealth Partners LLC Invests $567,000 in iShares 20+ Year Treasury Bond ETF $TLT

Flatrock Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,544 shares of the exchange traded fund’s stock, valued at approximately $567,000.

Several other large investors have also recently added to or reduced their stakes in TLT. Brighton Jones LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.0% during the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 409.3% in the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after purchasing an additional 40,863 shares during the period. Russell Investments Group Ltd. grew its position in iShares 20+ Year Treasury Bond ETF by 520.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 510 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in iShares 20+ Year Treasury Bond ETF by 28.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock valued at $71,348,000 after buying an additional 180,073 shares during the period. Finally, Alliancebernstein L.P. increased its stake in iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after buying an additional 63,442 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $84.55 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The stock has a market capitalization of $41.26 billion, a PE ratio of -6.75 and a beta of 0.51. The firm has a 50 day simple moving average of $85.54 and a 200-day simple moving average of $86.92.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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