Affinity Wealth Management LLC Has $25.27 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Affinity Wealth Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 289,870 shares of the exchange traded fund’s stock after acquiring an additional 7,325 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 3.6% of Affinity Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Affinity Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $25,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 652.3% during the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after purchasing an additional 1,411,767 shares during the last quarter. Cibc World Market Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 429.3% in the 3rd quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock valued at $133,217,000 after purchasing an additional 1,208,976 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after buying an additional 1,195,788 shares during the period. Prudential PLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 104.9% during the third quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock worth $93,536,000 after buying an additional 535,870 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 8.6% during the third quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after buying an additional 527,803 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1%

TLT stock opened at $86.69 on Wednesday. The firm has a market cap of $44.98 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The company’s fifty day simple moving average is $88.02 and its 200 day simple moving average is $88.74. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.3006 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.