Sagespring Wealth Partners LLC Acquires Shares of 291,963 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Sagespring Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 291,963 shares of the exchange traded fund’s stock, valued at approximately $25,497,000.

Several other large investors have also recently modified their holdings of TLT. Capula Management Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $455,550,000. Wealthfront Advisers LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after buying an additional 1,509,302 shares during the period. FMR LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 24.3% in the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after buying an additional 1,421,699 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 751.1% in the fourth quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock valued at $104,795,000 after acquiring an additional 1,059,000 shares during the period. Finally, Invesco Ltd. purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $85,147,000. Hedge funds and other institutional investors 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 $86.89 on Friday. The firm’s 50 day simple moving average is $89.96 and its 200 day simple moving average is $90.57. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The firm has a market capitalization of $47.60 billion, a PE ratio of -7.38 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.3256 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.50%.

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.