K2 Principal Fund L.P. Buys Shares of 6,966 iShares 20+ Year Treasury Bond ETF $TLT

K2 Principal Fund L.P. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,966 shares of the exchange traded fund’s stock, valued at approximately $607,000.

Other hedge funds have also added to or reduced their stakes in the company. CPR Investments Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after acquiring an additional 47,741 shares during the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $1,378,000. Benin Management CORP bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $4,655,000. Affinity Wealth Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after acquiring an additional 7,325 shares during the last quarter. Finally, Consolidated Portfolio Review Corp boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 129.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock valued at $1,439,000 after acquiring an additional 9,084 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of TLT opened at $85.77 on Friday. The company has a market cap of $42.68 billion, a PE ratio of -6.75 and a beta of 0.52. The stock has a 50-day moving average price of $85.70 and a 200-day moving average price of $87.23. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3358 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.