Sharpepoint LLC Buys 7,663 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Sharpepoint LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,315 shares of the exchange traded fund’s stock after acquiring an additional 7,663 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 5.2% of Sharpepoint LLC’s investment portfolio, making the stock its biggest holding. Sharpepoint LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,696,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in TLT. CPR Investments Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 164.4% in the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after acquiring an additional 47,741 shares in the last quarter. Benin Management CORP purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $4,655,000. Foguth Wealth Management LLC. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $5,850,000. Affinity Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 2.6% in the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after purchasing an additional 7,325 shares during the period. Finally, Caldwell Trust Co boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1,038.7% in the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock valued at $578,000 after purchasing an additional 6,045 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

NASDAQ TLT opened at $84.24 on Thursday. The business’s 50 day moving average is $85.34 and its two-hundred day moving average is $86.77. 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 $41.95 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.