Nolet Wealth Management LLC Acquires Shares of 127,885 iShares 20+ Year Treasury Bond ETF $TLT

Nolet Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 127,885 shares of the exchange traded fund’s stock, valued at approximately $11,146,000. iShares 20+ Year Treasury Bond ETF comprises about 6.2% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding.

A number of other large investors also recently modified their holdings of the company. Walser Wealth Management Company A Ltd Liability Co purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $693,000. SB Capital Management Inc purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $6,868,000. Kovitz Investment Group Partners LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 9.2% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 119,017 shares of the exchange traded fund’s stock valued at $10,374,000 after purchasing an additional 10,052 shares during the last quarter. Corient Private Wealth LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 21.8% in the 4th quarter. Corient Private Wealth LLC now owns 63,594 shares of the exchange traded fund’s stock valued at $5,544,000 after purchasing an additional 11,392 shares during the last quarter. Finally, Strive Financial Group LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $97,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

Shares of NASDAQ:TLT opened at $86.19 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The company’s 50 day moving average is $85.67 and its two-hundred day moving average is $87.15. The company has a market cap of $42.89 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business 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 is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

iShares 20+ Year Treasury Bond ETF 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.