iShares 20+ Year Treasury Bond ETF $TLT is Nolet Wealth Management LLC’s 3rd Largest Position

Nolet Wealth Management LLC grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 37.4% during the 1st quarter, Holdings Channel reports. The fund owned 175,686 shares of the exchange traded fund’s stock after buying an additional 47,801 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 8.7% of Nolet Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Nolet Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,230,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. CPR Investments Inc. raised its stake in shares of 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 worth $6,692,000 after buying an additional 47,741 shares during the period. Benin Management CORP bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $4,655,000. Foguth Wealth Management LLC. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $5,850,000. Caldwell Trust Co increased its holdings in iShares 20+ Year Treasury Bond ETF by 1,038.7% in the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 6,045 shares in the last quarter. Finally, Affinity Wealth Management LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 2.6% in the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after acquiring an additional 7,325 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

NASDAQ TLT opened at $84.24 on Thursday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18. The stock has a market cap of $41.95 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The company’s 50 day moving average is $85.34 and its two-hundred day moving average is $86.77.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.318 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Wednesday, July 1st.

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.