Granite Bay Wealth Management LLC Acquires 17,921 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Granite Bay Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.3% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 210,379 shares of the exchange traded fund’s stock after purchasing an additional 17,921 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 3.9% of Granite Bay Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Granite Bay Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $18,228,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Strategic Investment Advisors MI bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $31,000. Summer Road LLC increased 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 valued at $32,000 after buying an additional 200 shares during the period. Trust Co. of Vermont lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in 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 lifted its holdings 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 in the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.0%

TLT stock opened at $84.47 on Friday. The firm has a 50 day moving average of $85.44 and a 200-day moving average of $86.86. The firm has a market capitalization of $41.60 billion, a P/E ratio of -6.75 and a beta of 0.51. 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 company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.318 dividend. 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.