36,881 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Acquired by Spahn Wealth & Retirement LLC

Spahn Wealth & Retirement LLC 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 Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 36,881 shares of the exchange traded fund’s stock, valued at approximately $3,221,000. iShares 20+ Year Treasury Bond ETF accounts for about 2.1% of Spahn Wealth & Retirement LLC’s investment portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TLT. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000. Van ECK Associates Corp boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 178 shares in the last quarter. Finally, West Branch Capital LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 203 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1 %

NASDAQ:TLT opened at $91.43 on Thursday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The company has a fifty day moving average of $89.73 and a 200-day moving average of $91.15. The firm has a market capitalization of $55.57 billion, a P/E ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.3256 per share. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $3.91 annualized dividend and a dividend yield of 4.27%.

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.