Cyndeo Wealth Partners LLC Purchases 1,441 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cyndeo Wealth Partners LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,142 shares of the exchange traded fund’s stock after purchasing an additional 1,441 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,378,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capula Management Ltd bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $455,550,000. State of Tennessee Department of Treasury bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $194,796,000. Wealthfront Advisers LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the 4th quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after acquiring an additional 1,509,302 shares during the last quarter. FMR LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 24.3% during the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after acquiring an additional 1,421,699 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 751.1% during the 4th quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock valued at $104,795,000 after acquiring an additional 1,059,000 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.46 on Tuesday. The firm has a fifty day moving average of $86.71 and a two-hundred day moving average of $88.46. The stock has a market capitalization of $46.24 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm 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. This represents a $3.83 annualized dividend and a dividend yield of 4.49%. The ex-dividend date was Monday, June 2nd.

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.