Kaydan Wealth Management Inc. Decreases Stake in iShares 20+ Year Treasury Bond ETF $TLT

Kaydan Wealth Management Inc. lessened its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 62,541 shares of the exchange traded fund’s stock after selling 85,840 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 1.6% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 14th biggest holding. Kaydan Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,405,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. LGL Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $776,000. Belvedere Trading LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $2,823,000. Rock Creek Group LP boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 11.0% during the 4th quarter. Rock Creek Group LP now owns 507,314 shares of the exchange traded fund’s stock worth $44,224,000 after acquiring an additional 50,155 shares in the last quarter. Merit Financial Group LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 100.3% during the 2nd quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock worth $25,022,000 after acquiring an additional 144,965 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 239,103 shares of the exchange traded fund’s stock valued at $20,840,000 after acquiring an additional 6,497 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $82.21 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $81.17 and a fifty-two week high of $92.18. The firm has a market capitalization of $41.41 billion, a PE ratio of -6.75 and a beta of 0.51. The stock’s 50-day simple moving average is $83.37 and its 200-day simple moving average is $85.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.3147 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

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.