Marks Wealth LLC Invests $13.72 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Marks Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 149,495 shares of the exchange traded fund’s stock, valued at approximately $13,721,000. iShares 20+ Year Treasury Bond ETF makes up approximately 6.1% of Marks Wealth LLC’s investment portfolio, making the stock its 6th largest holding.

Other large investors have also added to or reduced their stakes in the company. Rafferty Asset Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 134.1% in the fourth quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock valued at $3,615,731,000 after buying an additional 20,946,006 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after purchasing an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock valued at $1,701,794,000 after purchasing an additional 1,090,199 shares in the last quarter. TD Asset Management Inc boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 26.2% during the fourth quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock valued at $963,038,000 after buying an additional 2,023,240 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 3,761.2% during the fourth quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock worth $444,750,000 after buying an additional 4,381,387 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT traded up $0.64 on Friday, hitting $98.39. The stock had a trading volume of 31,970,918 shares, compared to its average volume of 40,176,848. The stock has a market cap of $58.33 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm’s fifty day simple moving average is $94.44 and its two-hundred day simple moving average is $92.85. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $100.57.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a dividend of $0.3149 per share. The ex-dividend date of this dividend was Thursday, August 1st.

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.