Wealthfront Advisers LLC Increases Stake in iShares 20+ Year Treasury Bond ETF $TLT

Wealthfront Advisers LLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) by 19.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,718 shares of the exchange traded fund’s stock after acquiring an additional 22,675 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,852,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $31,000. Summer Road LLC lifted its stake in shares of 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 during the period. Trust Co. of Vermont boosted its holdings in 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 buying an additional 181 shares in the last quarter. Finally, Stone House Investment Management LLC boosted its holdings in 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 buying an additional 352 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $84.52 on Friday. The firm’s fifty day moving average is $85.28 and its 200 day moving average is $86.73. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The firm has a market cap of $42.83 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.318 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

iShares 20+ Year Treasury Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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