Belpointe Asset Management LLC Has $1.47 Million Stake in iShares 20+ Year Treasury Bond ETF $TLT

Belpointe Asset Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 144.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,483 shares of the exchange traded fund’s stock after purchasing an additional 9,743 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,473,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Clearstead Trust LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $25,000. Cary Street Partners Investment Advisory LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 130.9% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares during the period. Ameritas Investment Partners Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $33,000. First Command Advisory Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $33,000. Finally, Caldwell Trust Co acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $36,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $87.60 on Thursday. The firm has a market capitalization of $45.59 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The company has a 50 day simple moving average of $88.14 and a 200-day simple moving average of $88.42. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.3424 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.