4Thought Financial Group Inc. Has $3.68 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

4Thought Financial Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 53.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 42,450 shares of the exchange traded fund’s stock after acquiring an additional 14,725 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.8% of 4Thought Financial Group Inc.’s holdings, making the stock its 18th biggest position. 4Thought Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,680,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. CPR Investments Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock worth $6,692,000 after purchasing an additional 47,741 shares during the last quarter. Benin Management CORP acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $4,655,000. Affinity Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 2.6% during the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after buying an additional 7,325 shares during the period. Caldwell Trust Co increased its position in iShares 20+ Year Treasury Bond ETF by 1,038.7% during the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after buying an additional 6,045 shares during the period. Finally, Asempa Wealth Advisors acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $971,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.52 on Thursday. The firm has a 50-day moving average of $85.65 and a 200-day moving average of $86.99. The stock has a market cap of $42.55 billion, a PE ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.318 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Wednesday, July 1st.

iShares 20+ Year Treasury Bond ETF Company 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.