Ethos Financial Group LLC Buys 25,536 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Ethos Financial Group LLC raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.8% during the first quarter, HoldingsChannel.com reports. The fund owned 111,299 shares of the exchange traded fund’s stock after purchasing an additional 25,536 shares during the quarter. Ethos Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,658,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TLT. Strategic Investment Advisors MI bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $31,000. Summer Road LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 200 shares in the last quarter. Trust Co. of Vermont boosted its stake in iShares 20+ Year Treasury Bond ETF by 90.5% during the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares during the last quarter. Finally, Stone House Investment Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 352 shares during the last quarter. 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 $84.08 on Wednesday. The business has a 50 day simple moving average of $85.38 and a two-hundred day simple moving average of $86.80. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The stock has a market capitalization of $41.87 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.318 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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. 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.