Everest Financial Group LLC Buys New Stake in iShares 20+ Year Treasury Bond ETF $TLT

Everest Financial Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 28,913 shares of the exchange traded fund’s stock, valued at approximately $2,506,000.

Other institutional investors also recently added to or reduced their stakes in the company. CPR Investments Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after buying an additional 47,741 shares during the period. Affinity Wealth Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after buying an additional 7,325 shares in the last quarter. Caldwell Trust Co lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,038.7% in the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 6,045 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 15.1% in the 4th quarter. Sanctuary Advisors LLC now owns 244,123 shares of the exchange traded fund’s stock worth $21,278,000 after acquiring an additional 31,983 shares during the period. Finally, Archford Capital Strategies LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $2,226,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $83.25 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The stock has a market capitalization of $42.25 billion, a PE ratio of -6.75 and a beta of 0.51. The firm has a 50 day simple moving average of $85.15 and a 200-day simple moving average of $86.59.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.318 dividend. This represents a c) dividend on an annualized basis 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.