iShares 20+ Year Treasury Bond ETF $TLT is Wealth Management Associates Inc.’s 2nd Largest Position

Wealth Management Associates Inc. increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.4% in the 1st quarter, Holdings Channel reports. The fund owned 136,892 shares of the exchange traded fund’s stock after buying an additional 8,176 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 5.3% of Wealth Management Associates Inc.’s holdings, making the stock its 2nd largest position. Wealth Management Associates Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,461,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Park Place Capital Corp grew its position in iShares 20+ Year Treasury Bond ETF by 13.1% in the first quarter. Park Place Capital Corp now owns 999 shares of the exchange traded fund’s stock worth $91,000 after acquiring an additional 116 shares in the last quarter. Fort Sheridan Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 2.3% in the first quarter. Fort Sheridan Advisors LLC now owns 5,317 shares of the exchange traded fund’s stock worth $484,000 after acquiring an additional 117 shares in the last quarter. Heritage Family Offices LLP grew its position in iShares 20+ Year Treasury Bond ETF by 4.7% in the first quarter. Heritage Family Offices LLP now owns 2,628 shares of the exchange traded fund’s stock worth $239,000 after acquiring an additional 118 shares in the last quarter. Main Street Group LTD grew its position in iShares 20+ Year Treasury Bond ETF by 16.0% in the fourth quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 120 shares in the last quarter. Finally, Slagle Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 1.7% in the first quarter. Slagle Financial LLC now owns 7,779 shares of the exchange traded fund’s stock worth $708,000 after acquiring an additional 133 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $89.74 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $101.64. The firm has a fifty day moving average of $86.85 and a 200 day moving average of $87.71. The firm has a market capitalization of $50.17 billion, a PE ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.3281 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Tuesday, September 2nd.

About iShares 20+ Year Treasury Bond ETF

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.