Diversify Wealth Management LLC Has $4.45 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Diversify Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 279.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,864 shares of the exchange traded fund’s stock after purchasing an additional 38,205 shares during the period. Diversify Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,445,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of TLT. JPMorgan Chase & Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Bank of America Corp DE grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after buying an additional 10,380,437 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after buying an additional 4,577,906 shares in the last quarter. Pureheart Capital Pte Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $292,683,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in iShares 20+ Year Treasury Bond ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $84.47 on Monday. The stock has a market cap of $41.60 billion, a P/E ratio of -6.75 and a beta of 0.51. The company has a fifty day moving average price of $85.44 and a two-hundred day moving average price of $86.85. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.318 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was 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.