Kaizen Financial Strategies Grows Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kaizen Financial Strategies raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,727 shares of the exchange traded fund’s stock after buying an additional 435 shares during the quarter. Kaizen Financial Strategies’ holdings in iShares 20+ Year Treasury Bond ETF were worth $325,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Betterment LLC increased its position in iShares 20+ Year Treasury Bond ETF by 916.5% during the fourth quarter. Betterment LLC now owns 56,810 shares of the exchange traded fund’s stock worth $4,961,000 after purchasing an additional 51,221 shares during the last quarter. Palogic Value Management L.P. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $3,013,000. ST Germain D J Co. Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the period. Cornerstone Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 5.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 201 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its position in iShares 20+ Year Treasury Bond ETF by 37.7% during the fourth quarter. Kestra Advisory Services LLC now owns 436,498 shares of the exchange traded fund’s stock valued at $38,119,000 after acquiring an additional 119,495 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $87.02 on Friday. The business has a 50-day moving average of $89.20 and a two-hundred day moving average of $89.56. The firm has a market capitalization of $47.09 billion, a PE ratio of -7.06 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a $0.3276 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Thursday, May 1st. This represents a $3.93 annualized dividend and a yield of 4.52%.

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.