iShares 20+ Year Treasury Bond ETF $TLT Position Increased by Quadrant Private Wealth Management LLC

Quadrant Private Wealth Management LLC increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 138,391 shares of the exchange traded fund’s stock after acquiring an additional 12,475 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 1.9% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Quadrant Private Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,997,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of TLT. Strategic Investment Advisors MI acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Summer Road LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 200 shares in the last quarter. Trust Co. of Vermont grew its position in shares of iShares 20+ Year Treasury Bond ETF by 90.5% during the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 181 shares in the last quarter. Finally, Stone House Investment Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 352 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $84.52 on Friday. The stock has a market capitalization of $42.83 billion, a PE ratio of -6.75 and a beta of 0.51. The firm’s fifty day moving average price is $85.28 and its 200 day moving average price is $86.73. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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