Cadence Wealth Management LLC Has $23.33 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cadence Wealth Management LLC decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 235,914 shares of the exchange traded fund’s stock after selling 64,421 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 18.3% of Cadence Wealth Management LLC’s holdings, making the stock its biggest holding. Cadence Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $23,327,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Simplicity Solutions LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Simplicity Solutions LLC now owns 7,338 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 2,296 shares in the last quarter. TNF LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1,185.0% during the third quarter. TNF LLC now owns 52,185 shares of the exchange traded fund’s stock worth $4,319,000 after purchasing an additional 48,124 shares in the last quarter. Oak Family Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.0% during the third quarter. Oak Family Advisors LLC now owns 10,364 shares of the exchange traded fund’s stock worth $919,000 after purchasing an additional 208 shares in the last quarter. One Day In July LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the third quarter. One Day In July LLC now owns 325,714 shares of the exchange traded fund’s stock worth $28,888,000 after purchasing an additional 31,032 shares in the last quarter. Finally, My Legacy Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 401.9% during the third quarter. My Legacy Advisors LLC now owns 22,192 shares of the exchange traded fund’s stock worth $1,837,000 after purchasing an additional 17,770 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

Shares of TLT stock traded up $0.46 during trading hours on Friday, reaching $88.24. 31,589,821 shares of the company’s stock were exchanged, compared to its average volume of 43,437,523. The stock’s 50 day moving average is $92.39 and its 200-day moving average is $92.57. The company has a market cap of $44.68 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $106.76.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. This represents a $3.75 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend was Monday, April 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.