Cornerstone Wealth Group LLC Acquires 1,866 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cornerstone Wealth Group LLC grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 143,094 shares of the exchange traded fund’s stock after purchasing an additional 1,866 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 1.0% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 17th largest position. Cornerstone Wealth Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,496,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of TLT. Principal Financial Group Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Vontobel Holding Ltd. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after buying an additional 36,070 shares during the last quarter. Full Sail Capital LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.3% during the 2nd quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock worth $6,461,000 after buying an additional 3,530 shares during the period. Commerce Bank grew its stake in iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares during the last quarter. Finally, ST Germain D J Co. Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 201 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.22 on Monday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The firm has a market capitalization of $51.29 billion, a PE ratio of -7.14 and a beta of 0.06. The business’s 50-day simple moving average is $89.35 and its 200-day simple moving average is $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.