Kaydan Wealth Management Inc. Sells 75,429 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kaydan Wealth Management Inc. lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 215,183 shares of the exchange traded fund’s stock after selling 75,429 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 6.2% of Kaydan Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest position. Kaydan Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $18,792,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares in the last quarter. Assetmark Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $89,789,000. IMC Chicago LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 440.7% in the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after acquiring an additional 851,884 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after purchasing an additional 709,409 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.19 on Monday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The stock has a market cap of $51.62 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock’s 50 day simple moving average is $89.67 and its 200-day simple moving average is $93.54.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.