Cadence Wealth Management LLC Acquires 24,423 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cadence Wealth Management LLC increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 419,202 shares of the exchange traded fund’s stock after buying an additional 24,423 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 24.2% of Cadence Wealth Management LLC’s investment portfolio, making the stock its largest holding. Cadence Wealth Management LLC owned 0.07% of iShares 20+ Year Treasury Bond ETF worth $36,609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Independence Bank of Kentucky acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. New Wave Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $32,000. Van ECK Associates Corp boosted its position in iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares in the last quarter. Finally, West Branch Capital LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

iShares 20+ Year Treasury Bond ETF stock opened at $90.62 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The stock’s 50 day simple moving average is $88.78 and its two-hundred day simple moving average is $91.83. The firm has a market cap of $55.08 billion, a PE ratio of -7.34 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2898 dividend. The ex-dividend date was Monday, March 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.