16,135 Shares in iShares 20+ Year Treasury Bond ETF $TLT Purchased by Stronghold Wealth Management L.L.C.

Stronghold Wealth Management L.L.C. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, HoldingsChannel reports. The firm acquired 16,135 shares of the exchange traded fund’s stock, valued at approximately $1,406,000. iShares 20+ Year Treasury Bond ETF comprises 2.1% of Stronghold Wealth Management L.L.C.’s holdings, making the stock its 8th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.0% in the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 601 shares during the period. Capstone Wealth Management Group LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 409.3% in the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after purchasing an additional 40,863 shares during the period. Russell Investments Group Ltd. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 520.4% in the second quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 510 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.7% in the second quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock valued at $71,348,000 after purchasing an additional 180,073 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 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

Shares of NASDAQ:TLT opened at $83.66 on Monday. The firm’s 50 day moving average is $86.54 and its two-hundred day moving average is $87.89. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $92.18. The firm has a market capitalization of $41.63 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.3153 dividend. The ex-dividend date was Friday, May 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.