iShares 20+ Year Treasury Bond ETF $TLT Shares Acquired by Sharpepoint LLC

Sharpepoint LLC increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 46.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 92,652 shares of the exchange traded fund’s stock after purchasing an additional 29,202 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 4.8% of Sharpepoint LLC’s holdings, making the stock its 2nd largest position. Sharpepoint LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,076,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. CPR Investments Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 164.4% in the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after purchasing an additional 47,741 shares during the last quarter. Alliance Wealth Advisors LLC UT purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $1,378,000. Benin Management CORP purchased a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $4,655,000. Affinity Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2.6% in the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after purchasing an additional 7,325 shares during the last quarter. Finally, Consolidated Portfolio Review Corp boosted its holdings in iShares 20+ Year Treasury Bond ETF by 129.3% in the third quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock valued at $1,439,000 after purchasing an additional 9,084 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $84.88 on Thursday. The company has a market capitalization of $42.24 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The stock has a 50-day moving average price of $85.72 and a 200 day moving average price of $87.27.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3358 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, June 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.