WealthCare Asset Management LLC Purchases 37,802 Shares of iShares 20+ Year Treasury Bond ETF $TLT

WealthCare Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 37,802 shares of the exchange traded fund’s stock, valued at approximately $2,940,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 2.5% of WealthCare Asset Management LLC’s portfolio, making the stock its 14th biggest position.

Other hedge funds have also modified their holdings of the company. Summer Road LLC raised its position in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 200 shares in the last quarter. Axiom Investment Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $32,000. Versant Capital Management Inc grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% during the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 518 shares in the last quarter. Mosley Wealth Management grew its position in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% during the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 596 shares in the last quarter. Finally, Cornerstone Planning Group LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 123.6% during the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 340 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4%

Shares of NASDAQ:TLT opened at $81.68 on Tuesday. The firm’s 50 day moving average price is $80.55 and its 200 day moving average price is $84.77. The stock has a market cap of $48.30 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $76.43 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3116 per share. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st. This represents a $3.74 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.