iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,541 shares of the exchange traded fund’s stock after selling 85,840 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.6% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 14th biggest position. Kaydan Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,405,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Brighton Jones LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after buying an additional 601 shares during the period. Capstone Wealth Management Group LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 409.3% in the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after acquiring an additional 40,863 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 520.4% during the second quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 510 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of iShares 20+ Year Treasury Bond ETF by 28.7% during the second quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after acquiring an additional 180,073 shares during the period. Finally, Alliancebernstein L.P. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after acquiring an additional 63,442 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

NASDAQ:TLT opened at $82.21 on Friday. The firm has a market cap of $41.41 billion, a PE ratio of -6.75 and a beta of 0.51. The stock has a fifty day moving average price of $83.37 and a 200 day moving average price of $85.51. iShares 20+ Year Treasury Bond ETF has a 12-month low of $81.17 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.3147 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.