Aspen Wealth Strategies LLC Takes $631,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Aspen Wealth Strategies LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,384 shares of the exchange traded fund’s stock, valued at approximately $631,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wealth Alliance grew its position in iShares 20+ Year Treasury Bond ETF by 50.6% during the fourth quarter. Wealth Alliance now owns 50,282 shares of the exchange traded fund’s stock worth $4,972,000 after buying an additional 16,900 shares in the last quarter. United Asset Strategies Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 40.9% during the fourth quarter. United Asset Strategies Inc. now owns 6,771 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 1,964 shares during the last quarter. Cardinal Strategic Wealth Guidance lifted its stake in iShares 20+ Year Treasury Bond ETF by 7.0% during the fourth quarter. Cardinal Strategic Wealth Guidance now owns 30,995 shares of the exchange traded fund’s stock worth $3,065,000 after purchasing an additional 2,032 shares during the last quarter. Grant GrossMendelsohn LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 86.9% during the fourth quarter. Grant GrossMendelsohn LLC now owns 84,822 shares of the exchange traded fund’s stock worth $7,955,000 after purchasing an additional 39,437 shares during the last quarter. Finally, Crescent Grove Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 66.2% during the fourth quarter. Crescent Grove Advisors LLC now owns 48,527 shares of the exchange traded fund’s stock worth $4,798,000 after purchasing an additional 19,337 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7 %

TLT stock traded down $0.59 during mid-day trading on Tuesday, hitting $88.30. 45,044,601 shares of the stock were exchanged, compared to its average volume of 43,694,715. The business has a fifty day moving average price of $93.14 and a 200 day moving average price of $92.44. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $107.24.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. This represents a $3.75 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Monday, April 1st.

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.