Cornerstone Wealth Group LLC Has $12.50 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cornerstone Wealth Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 143,094 shares of the exchange traded fund’s stock after purchasing an additional 1,866 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 1.0% of Cornerstone Wealth Group LLC’s investment portfolio, making the stock its 17th largest holding. Cornerstone Wealth Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,496,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position in 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 valued at $2,994,131,000 after buying an additional 31,502,110 shares during the period. Assetmark Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after acquiring an additional 4,322,688 shares in the last quarter. Harvest Portfolios Group Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after purchasing an additional 683,915 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the third 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. Finally, Hantz Financial Services Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 14.0% during the third quarter. Hantz Financial Services Inc. now owns 1,782,601 shares of the exchange traded fund’s stock worth $174,873,000 after purchasing an additional 219,372 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $87.22 on Monday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The company has a market capitalization of $51.29 billion, a PE ratio of -7.14 and a beta of 0.06. The company’s 50 day moving average price is $89.35 and its 200 day moving average price is $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

iShares 20+ Year Treasury Bond ETF Company 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.