Empowered Funds LLC Invests $13.45 Million in iShares 20+ Year Treasury Bond ETF $TLT

Empowered Funds LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 155,647 shares of the exchange traded fund’s stock, valued at approximately $13,446,000.

Other hedge funds have also modified their holdings of the company. Estate Counselors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 1,487.6% in the 1st quarter. Estate Counselors LLC now owns 70,250 shares of the exchange traded fund’s stock valued at $6,090,000 after acquiring an additional 65,825 shares during the last quarter. IMG Wealth Management Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6,953.7% during the 1st quarter. IMG Wealth Management Inc. now owns 2,892 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 2,851 shares during the last quarter. Castleark Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.2% during the 1st quarter. Castleark Management LLC now owns 137,270 shares of the exchange traded fund’s stock worth $11,900,000 after purchasing an additional 42,730 shares during the last quarter. Gateway Wealth Partners LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 563.4% in the first quarter. Gateway Wealth Partners LLC now owns 20,896 shares of the exchange traded fund’s stock valued at $1,811,000 after purchasing an additional 17,746 shares in the last quarter. Finally, Everest Financial Group LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $2,506,000. 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 $82.85 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.70 and a one year high of $92.18. The stock has a market cap of $42.40 billion, a PE ratio of -6.75 and a beta of 0.51. The stock has a 50 day moving average price of $85.16 and a 200 day moving average price of $86.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business 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. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Wednesday, July 1st.

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.