20,806 iShares 20+ Year Treasury Bond ETF $TLT Shares Acquired by DKM Wealth Management Inc.

DKM Wealth Management Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 75.1% in the third quarter, Holdings Channel.com reports. The firm owned 48,509 shares of the exchange traded fund’s stock after buying an additional 20,806 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 2.4% of DKM Wealth Management Inc.’s holdings, making the stock its 13th biggest position. DKM Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,773,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TLT. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $31,000. Summer Road LLC increased its position in iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the last quarter. Axiom Investment Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at $32,000. Versant Capital Management Inc lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% in the 3rd 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 during the last quarter. Finally, Mosley Wealth Management lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% in the 2nd quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 596 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1%

NASDAQ:TLT traded up $0.11 during mid-day trading on Friday, hitting $77.98. 27,243,480 shares of the stock traded hands, compared to its average volume of 33,848,523. iShares 20+ Year Treasury Bond ETF has a 52 week low of $76.43 and a 52 week high of $92.18. The stock has a market capitalization of $47.54 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The firm’s 50 day moving average is $81.16 and its two-hundred day moving average is $83.99.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.3116 per share. This represents a $3.74 annualized dividend and a dividend yield of 4.8%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st.

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.