iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Cadence Wealth Management LLC

Cadence Wealth Management LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 551,775 shares of the exchange traded fund’s stock after selling 23,199 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 20.0% of Cadence Wealth Management LLC’s portfolio, making the stock its largest holding. Cadence Wealth Management LLC owned about 0.11% of iShares 20+ Year Treasury Bond ETF worth $47,833,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $31,000. Summer Road LLC grew its position in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 200 shares during the last quarter. Trust Co. of Vermont increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 181 shares during the period. Stone House Investment Management LLC increased its stake in shares of 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 valued at $34,000 after purchasing an additional 352 shares during the period. Finally, Albion Financial Group UT bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $36,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $83.66 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The firm has a market capitalization of $42.55 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The business has a 50 day simple moving average of $85.22 and a 200 day simple moving average of $86.67.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.318 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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. 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.