Tempo Wealth LLC Makes New $1.81 Million Investment in iShares 20+ Year Treasury Bond ETF $TLT

Tempo Wealth LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 20,765 shares of the exchange traded fund’s stock, valued at approximately $1,810,000.

Other large investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in shares of 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 purchasing an additional 44,234,543 shares during the period. Bank of America Corp DE increased its stake in iShares 20+ Year Treasury Bond ETF by 10.5% in 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 buying an additional 10,380,437 shares during the period. Morgan Stanley increased its stake in iShares 20+ Year Treasury Bond ETF by 31.3% in 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 buying an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $292,683,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.4% in 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 during the period. 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 $86.75 on Friday. The stock has a market capitalization of $43.17 billion, a PE ratio of -6.75 and a beta of 0.52. The company has a fifty day moving average of $85.66 and a 200-day moving average of $87.09. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.3358 dividend. The ex-dividend date was Monday, June 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.6%.

About iShares 20+ Year Treasury Bond ETF

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.