iShares 20+ Year Treasury Bond ETF $TLT is Sharpepoint LLC’s Largest Position

Sharpepoint LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,315 shares of the exchange traded fund’s stock after purchasing an additional 7,663 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 5.2% of Sharpepoint LLC’s investment portfolio, making the stock its largest holding. Sharpepoint LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,696,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after buying an additional 44,234,543 shares during the period. Bank of America Corp DE lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after acquiring an additional 10,380,437 shares during the period. Morgan Stanley lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after acquiring an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after acquiring an additional 1,418,641 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 Price Performance

TLT opened at $84.24 on Thursday. 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 market cap of $41.95 billion, a P/E ratio of -6.75 and a beta of 0.51. The stock’s 50 day simple moving average is $85.34 and its 200 day simple moving average is $86.77.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

iShares 20+ Year Treasury Bond ETF 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. 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.