Stronghold Wealth Management L.L.C. Invests $1.41 Million in iShares 20+ Year Treasury Bond ETF $TLT

Stronghold Wealth Management L.L.C. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,135 shares of the exchange traded fund’s stock, valued at approximately $1,406,000. iShares 20+ Year Treasury Bond ETF comprises approximately 2.1% of Stronghold Wealth Management L.L.C.’s investment portfolio, making the stock its 8th largest holding.

Several other large investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after purchasing an additional 1,195,788 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 8.6% during the third quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after acquiring an additional 527,803 shares during the period. Harvest Portfolios Group Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 0.9% during the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after acquiring an additional 33,088 shares during the period. Alliancebernstein L.P. raised its stake in iShares 20+ Year Treasury Bond ETF by 2.3% during the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after acquiring an additional 63,442 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in iShares 20+ Year Treasury Bond ETF by 1.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock worth $240,758,000 after acquiring an additional 38,589 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $83.66 on Monday. The firm has a market cap of $41.63 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $92.18. The company’s 50-day moving average price is $86.54 and its 200 day moving average price is $87.89.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3153 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 4.5%.

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. 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.