Curtis Wealth Management LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF $TLT

Curtis Wealth Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 74,263 shares of the exchange traded fund’s stock, valued at approximately $6,561,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 5.8% of Curtis Wealth Management LLC’s portfolio, making the stock its 3rd largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Shared Vision Wealth Group LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 25.2% during the 4th quarter. Shared Vision Wealth Group LLC now owns 9,518 shares of the exchange traded fund’s stock worth $841,000 after acquiring an additional 1,916 shares during the period. Parallel Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 311.1% during the 4th quarter. Parallel Advisors LLC now owns 4,288 shares of the exchange traded fund’s stock worth $374,000 after acquiring an additional 3,245 shares during the period. Curio Wealth LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $92,000. Vise Technologies Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 5.4% during the 4th quarter. Vise Technologies Inc. now owns 13,912 shares of the exchange traded fund’s stock worth $1,213,000 after acquiring an additional 716 shares during the period. Finally, Verus Capital Partners LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 17.1% during the 4th quarter. Verus Capital Partners LLC now owns 45,325 shares of the exchange traded fund’s stock worth $3,951,000 after acquiring an additional 6,629 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $85.06 on Friday. The stock’s fifty day moving average price is $85.80 and its two-hundred day moving average price is $87.37. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The firm has a market cap of $42.33 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.