Cornerstone Wealth Group LLC Acquires Shares of 141,228 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cornerstone Wealth Group LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 141,228 shares of the exchange traded fund’s stock, valued at approximately $13,854,000. iShares 20+ Year Treasury Bond ETF accounts for about 1.1% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 17th largest holding.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after purchasing an additional 6,457,638 shares in the last quarter. Annex Advisory Services LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% in the second quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock valued at $233,021,000 after purchasing an additional 2,516,950 shares in the last quarter. Hantz Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $143,473,000. Finally, Cibc World Market Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% during the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after acquiring an additional 1,511,435 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $92.30 on Thursday. The business’s fifty day simple moving average is $96.76 and its 200 day simple moving average is $94.00. The firm has a market capitalization of $58.90 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.55 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.