Redwood Wealth Management Group LLC Lowers Position in iShares 20+ Year Treasury Bond ETF $TLT

Redwood Wealth Management Group LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) by 18.5% during the first quarter, HoldingsChannel reports. The fund owned 25,650 shares of the exchange traded fund’s stock after selling 5,813 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 1.0% of Redwood Wealth Management Group LLC’s holdings, making the stock its 28th biggest position. Redwood Wealth Management Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Summer Road LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 200 shares during the period. Trust Co. of Vermont grew 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 acquiring an additional 181 shares during the period. Finally, Stone House Investment Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 352 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $86.42 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18. The stock has a fifty day moving average price of $85.68 and a two-hundred day moving average price of $87.01. The stock has a market capitalization of $43.00 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 declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3358 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

iShares 20+ Year Treasury Bond ETF 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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