Boomfish Wealth Group LLC Purchases 297 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Boomfish Wealth Group LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 47,251 shares of the exchange traded fund’s stock after acquiring an additional 297 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 2.8% of Boomfish Wealth Group LLC’s investment portfolio, making the stock its 4th biggest position. Boomfish Wealth Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,301,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 4.9% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock worth $214,000 after buying an additional 115 shares during the last quarter. Heritage Family Offices LLP boosted its position in iShares 20+ Year Treasury Bond ETF by 4.7% during the first quarter. Heritage Family Offices LLP now owns 2,628 shares of the exchange traded fund’s stock worth $239,000 after purchasing an additional 118 shares during the period. Southeast Asset Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 1.1% during the fourth quarter. Southeast Asset Advisors LLC now owns 11,094 shares of the exchange traded fund’s stock worth $969,000 after purchasing an additional 119 shares during the period. Main Street Group LTD boosted its position in iShares 20+ Year Treasury Bond ETF by 16.0% during the fourth quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 120 shares during the period. Finally, Hollencrest Capital Management boosted its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock worth $1,259,000 after purchasing an additional 122 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.0%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.46 on Tuesday. The stock has a market capitalization of $46.24 billion, a P/E ratio of -6.75 and a beta of 0.06. The stock has a 50 day moving average price of $86.71 and a two-hundred day moving average price of $88.46. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.30 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3195 per share. The ex-dividend date was Monday, June 2nd. This represents a $3.83 dividend on an annualized basis and a yield of 4.49%.

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.