Castleark Management LLC Boosts Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Castleark Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 45.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 137,270 shares of the exchange traded fund’s stock after purchasing an additional 42,730 shares during the period. Castleark Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,900,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 125.5% in the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after buying an additional 44,234,543 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after acquiring an additional 10,380,437 shares during the period. Morgan Stanley grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after acquiring an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after acquiring an additional 1,418,641 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $83.25 on Monday. The stock has a market cap of $42.25 billion, a PE ratio of -6.75 and a beta of 0.51. The business has a 50 day moving average of $85.15 and a 200-day moving average of $86.59. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.318 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.6%.

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.