Hollencrest Capital Management Increases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Hollencrest Capital Management raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 497.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,186 shares of the exchange traded fund’s stock after purchasing an additional 10,145 shares during the quarter. Hollencrest Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,053,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $31,000. Summer Road LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 200 shares during the period. Axiom Investment Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $37,000. Finally, WFA of San Diego LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $46,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3%

NASDAQ:TLT opened at $82.88 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $81.17 and a 12-month high of $92.18. The stock’s 50 day simple moving average is $83.85 and its 200-day simple moving average is $85.74. The firm has a market cap of $41.75 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a $0.3305 dividend. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, August 3rd.

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.