Ocean Park Asset Management LLC Purchases 328,200 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Ocean Park Asset Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 249.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 459,600 shares of the exchange traded fund’s stock after buying an additional 328,200 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 2.0% of Ocean Park Asset Management LLC’s portfolio, making the stock its 14th biggest position. Ocean Park Asset Management LLC owned about 0.09% of iShares 20+ Year Treasury Bond ETF worth $39,843,000 at the end of the most recent reporting period.

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

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $86.75 on Monday. The stock has a 50-day simple moving average of $85.66 and a 200 day simple moving average of $87.08. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The stock has a market capitalization of $43.17 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 issued a dividend of $0.3358 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.