445 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Bought by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC 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 13F filing with the Securities and Exchange Commission. The institutional investor purchased 445 shares of the exchange traded fund’s stock, valued at approximately $44,000.

A number of other hedge funds also recently bought and sold shares of the stock. Envestnet Asset Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 135.3% in the third quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock valued at $1,429,728,000 after buying an additional 9,270,435 shares during the last quarter. Morgan Stanley increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock valued at $3,500,096,000 after acquiring an additional 6,505,853 shares during the last quarter. National Bank of Canada FI raised its position in shares of iShares 20+ Year Treasury Bond ETF by 5,972.2% during the 4th quarter. National Bank of Canada FI now owns 3,435,793 shares of the exchange traded fund’s stock worth $337,771,000 after acquiring an additional 3,379,211 shares in the last quarter. Rafferty Asset Management LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 17.7% during the third quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock worth $1,385,414,000 after purchasing an additional 2,352,314 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 102.7% in the third quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock valued at $409,223,000 after purchasing an additional 2,337,389 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6 %

iShares 20+ Year Treasury Bond ETF stock traded up $0.55 during mid-day trading on Tuesday, hitting $90.74. The company had a trading volume of 30,509,375 shares, compared to its average volume of 43,429,281. The stock has a market cap of $46.72 billion, a price-to-earnings ratio of -7.14 and a beta of 0.39. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $105.52. The business has a fifty day moving average of $91.88 and a 200 day moving average of $92.78.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a $0.3077 dividend. This represents a $3.69 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Wednesday, May 1st.

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.