Kaydan Wealth Management Inc. Grows Stake in iShares 20+ Year Treasury Bond ETF $TLT

Kaydan Wealth Management Inc. increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 149.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 148,834 shares of the exchange traded fund’s stock after purchasing an additional 89,090 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 3.8% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Kaydan Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,972,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in TLT. Silverlake Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 0.6% in the 4th quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock worth $1,832,000 after buying an additional 115 shares during the period. Cultivar Capital Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 3.3% during the 4th quarter. Cultivar Capital Inc. now owns 146,188 shares of the exchange traded fund’s stock valued at $12,742,000 after acquiring an additional 4,657 shares during the period. SG Americas Securities LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 225.1% during the fourth quarter. SG Americas Securities LLC now owns 125,052 shares of the exchange traded fund’s stock worth $10,900,000 after acquiring an additional 86,589 shares in the last quarter. Affinity Capital Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 49.1% during the fourth quarter. Affinity Capital Advisors LLC now owns 23,748 shares of the exchange traded fund’s stock worth $2,070,000 after acquiring an additional 7,816 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 17.2% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 32,092 shares of the exchange traded fund’s stock worth $2,797,000 after purchasing an additional 4,711 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $86.01 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The firm’s 50-day simple moving average is $88.16 and its two-hundred day simple moving average is $88.86. The stock has a market cap of $44.63 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.3006 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.