Bleakley Financial Group LLC Makes New $7.11 Million Investment in iShares 20+ Year Treasury Bond ETF $TLT

Bleakley Financial Group LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 82,045 shares of the exchange traded fund’s stock, valued at approximately $7,113,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Strategic Investment Advisors MI bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Summer Road LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the last quarter. Trust Co. of Vermont increased its position in iShares 20+ Year Treasury Bond ETF by 90.5% during the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 181 shares during the period. Finally, Stone House Investment Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 352 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $84.08 on Wednesday. The firm has a market cap of $41.87 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The firm has a 50 day moving average price of $85.38 and a two-hundred day moving average price of $86.80.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.