Cresset Asset Management LLC Has $1.32 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cresset Asset Management LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 59.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,059 shares of the exchange traded fund’s stock after selling 21,806 shares during the quarter. Cresset Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,315,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in TLT. Independence Bank of Kentucky acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $32,000. Van ECK Associates Corp lifted its holdings in iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares during the last quarter. Finally, West Branch Capital LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1%

Shares of NASDAQ TLT opened at $87.02 on Monday. The business’s 50 day moving average is $89.20 and its two-hundred day moving average is $89.54. The company has a market cap of $47.09 billion, a P/E ratio of -7.06 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a $0.3276 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $3.93 annualized dividend and a yield of 4.52%. The ex-dividend date was Thursday, May 1st.

iShares 20+ Year Treasury Bond ETF Company 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.