iShares 20+ Year Treasury Bond ETF $TLT is Kaydan Wealth Management Inc.’s 8th Largest Position

Kaydan Wealth Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 149.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 148,834 shares of the exchange traded fund’s stock after buying an additional 89,090 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 3.8% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 8th largest position. Kaydan Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,972,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in TLT. Cary Street Partners Investment Advisory LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 130.9% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 161 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $27,000. Strategic Investment Advisors MI bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $27,000. Ameritas Investment Partners Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $33,000. Finally, First Command Advisory Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $33,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4%

Shares of TLT opened at $86.01 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09. The firm’s 50-day moving average price is $88.16 and its 200-day moving average price is $88.86. The firm has a market capitalization of $44.63 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.3006 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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.