Creative Financial Designs Inc. ADV Has $2.96 Million Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,973 shares of the exchange traded fund’s stock after buying an additional 6,925 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,961,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 3.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after buying an additional 1,195,788 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 8.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after buying an additional 527,803 shares during the period. Harvest Portfolios Group Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after buying an additional 33,088 shares during the period. Alliancebernstein L.P. raised its holdings in iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after buying an additional 63,442 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in iShares 20+ Year Treasury Bond ETF by 1.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock worth $240,758,000 after buying an additional 38,589 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Key Stories Impacting iShares 20+ Year Treasury Bond ETF

Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:

• Positive Sentiment: Some analysts and market commentary argue that TLT may be nearing a bottom, with a few pieces recommending bond exposure as long-dated Treasury prices have been hit hard. Treasury ETF Falls. A Record Low Looms
• Positive Sentiment: Fixed-income ETFs are having a strong year overall as investors seek to lock in elevated yields, which could help support demand for Treasury funds like TLT over time. Bond ETFs Are Having A Banner Year As Investors Rush To Lock In High Yields
• Neutral Sentiment: Several articles highlight that inflation remains above the Fed’s target and that the bond market is reacting to a more hawkish rate outlook, which keeps long-duration Treasury ETFs volatile. There’s a Bond ETF That Resets Its Income for Inflation Every Six Months. Almost None of Your Friends Own It.
• Negative Sentiment: Rising long-term Treasury yields remain the biggest headwind for TLT, since higher yields push bond prices lower; coverage noted the 10-year yield near 4.7% and the 30-year yield at a 19-year high. The Global Bond Rout Is Accelerating. Here’s What to Know.
• Negative Sentiment: Fear that the Federal Reserve may keep policy tighter for longer is weighing on bond ETFs broadly, adding further downside pressure to TLT. Fed Rate Hike Fears: Rippling Through ETF Flows

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $83.91 on Thursday. The company has a market capitalization of $41.75 billion, a P/E ratio of -6.75 and a beta of 0.53. The company’s 50 day moving average price is $86.22 and its two-hundred day moving average price is $87.73. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.3153 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, May 1st.

iShares 20+ Year Treasury Bond ETF Company 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.