Surience Private Wealth LLC Invests $1.48 Million in iShares 20+ Year Treasury Bond ETF $TLT

Surience Private Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 17,071 shares of the exchange traded fund’s stock, valued at approximately $1,480,000. iShares 20+ Year Treasury Bond ETF comprises approximately 1.6% of Surience Private Wealth LLC’s portfolio, making the stock its 21st biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Investment Advisors MI purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $31,000. Trust Co. of Vermont increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 181 shares during the last quarter. Stone House Investment Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% in the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 352 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $35,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.4%

Shares of NASDAQ TLT opened at $87.38 on Thursday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The firm’s 50-day moving average price is $85.65 and its 200-day moving average price is $87.03. The stock has a market capitalization of $43.48 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3358 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 4.6%.

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.