King Wealth Management Group Has $298,000 Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

King Wealth Management Group lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,036 shares of the exchange traded fund’s stock after selling 161 shares during the quarter. King Wealth Management Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $298,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Bleakley Financial Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 3.5% during the first quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock worth $340,000 after purchasing an additional 121 shares during the last quarter. Koshinski Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 52.7% during the first quarter. Koshinski Asset Management Inc. now owns 3,984 shares of the exchange traded fund’s stock worth $377,000 after acquiring an additional 1,375 shares in the last quarter. Blair William & Co. IL raised its stake in iShares 20+ Year Treasury Bond ETF by 3.5% during the first quarter. Blair William & Co. IL now owns 11,663 shares of the exchange traded fund’s stock worth $1,104,000 after acquiring an additional 389 shares in the last quarter. Motco acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $32,000. Finally, Banco Santander S.A. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,647.0% during the 1st quarter. Banco Santander S.A. now owns 107,159 shares of the exchange traded fund’s stock valued at $10,139,000 after purchasing an additional 103,258 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $90.32 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $87.34 and a one year high of $101.64. The company has a market cap of $58.51 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm has a 50 day simple moving average of $95.32 and a 200 day simple moving average of $94.16.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3105 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 4.13%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.