Marino Management LLC Buys New Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Marino Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 154,653 shares of the exchange traded fund’s stock, valued at approximately $13,588,000. iShares 20+ Year Treasury Bond ETF makes up approximately 2.7% of Marino Management LLC’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. K2 Principal Fund L.P. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $607,000. Element Wealth LLC increased its position in iShares 20+ Year Treasury Bond ETF by 7.0% in the 4th quarter. Element Wealth LLC now owns 2,678 shares of the exchange traded fund’s stock valued at $233,000 after buying an additional 175 shares in the last quarter. Arax Advisory Partners bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $5,026,000. Axim Planning & Wealth increased its position in iShares 20+ Year Treasury Bond ETF by 13.9% in the 4th quarter. Axim Planning & Wealth now owns 4,058 shares of the exchange traded fund’s stock valued at $354,000 after buying an additional 495 shares in the last quarter. Finally, Arete Wealth Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 2.2% in the 4th quarter. Arete Wealth Advisors LLC now owns 26,674 shares of the exchange traded fund’s stock valued at $2,325,000 after buying an additional 575 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.77 on Monday. The firm has a market capitalization of $42.68 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The business has a 50-day simple moving average of $85.70 and a 200 day simple moving average of $87.21.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

About iShares 20+ Year Treasury Bond ETF

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.