Glaxis Capital Management LLC Buys New Position in iShares 20+ Year Treasury Bond ETF $TLT

Glaxis Capital Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 30,000 shares of the exchange traded fund’s stock, valued at approximately $2,615,000. iShares 20+ Year Treasury Bond ETF makes up about 4.4% of Glaxis Capital Management LLC’s investment portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. CPR Investments Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 164.4% in 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 in the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $1,378,000. Benin Management CORP bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $4,655,000. Affinity Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 2.6% in 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 last quarter. Finally, Consolidated Portfolio Review Corp lifted its position in iShares 20+ Year Treasury Bond ETF by 129.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock worth $1,439,000 after buying an additional 9,084 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $85.98 on Friday. The business has a 50 day moving average of $85.71 and a 200 day moving average of $87.24. The company has a market capitalization of $42.78 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.