Innova Wealth Partners Acquires New Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Innova Wealth Partners acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 9,998 shares of the exchange traded fund’s stock, valued at approximately $894,000.

Other hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 84.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after acquiring an additional 3,632,572 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after acquiring an additional 2,508,650 shares in the last quarter. Assetmark Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 652.3% during the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after purchasing an additional 1,411,767 shares during the last quarter. Cibc World Market Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 429.3% during the 3rd quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock worth $133,217,000 after purchasing an additional 1,208,976 shares during the last quarter. Finally, Prudential PLC boosted its position in iShares 20+ Year Treasury Bond ETF by 104.9% during the third quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock valued at $93,536,000 after purchasing an additional 535,870 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $86.96 on Thursday. The business’s 50-day moving average is $88.26 and its two-hundred day moving average is $88.86. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The firm has a market capitalization of $45.12 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.3006 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.