Palogic Value Management L.P. Invests $1.50 Million in iShares 20+ Year Treasury Bond ETF $TLT

Palogic Value Management L.P. bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,300 shares of the exchange traded fund’s stock, valued at approximately $1,495,000.

Several other hedge funds also recently modified their holdings of TLT. Yukon Wealth Management Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after buying an additional 118 shares in the last quarter. Advyzon Investment Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after acquiring an additional 124 shares during the last quarter. United Asset Strategies Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after acquiring an additional 126 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.8% in the second quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock valued at $1,410,000 after acquiring an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $81.73 on Thursday. The company has a market capitalization of $41.17 billion, a PE ratio of -6.75 and a beta of 0.51. The business has a fifty day moving average price of $83.11 and a two-hundred day moving average price of $85.32. iShares 20+ Year Treasury Bond ETF has a 1 year low of $81.17 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.