iShares 20+ Year Treasury Bond ETF $TLT Stock Purchased by Greenup Street Wealth Management LLC

Greenup Street Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 197,515 shares of the exchange traded fund’s stock after buying an additional 36,378 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.9% of Greenup Street Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Greenup Street Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,363,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of TLT. Axiom Investment Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. Versant Capital Management Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% in the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 518 shares in the last quarter. Cornerstone Planning Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 123.6% in the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 340 shares in the last quarter. Mosley Wealth Management increased its position in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% in the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 596 shares in the last quarter. Finally, Core Capital Management & Research inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $53,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $81.84 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $76.43 and a 52-week high of $90.86. The company’s 50 day simple moving average is $80.50 and its 200-day simple moving average is $84.65. The firm has a market capitalization of $47.80 billion, a P/E ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.3116 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.74 dividend on an annualized basis and a yield of 4.6%. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

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.