Marshall Financial Group LLC Has $678,000 Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Marshall Financial Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,160 shares of the exchange traded fund’s stock after buying an additional 213 shares during the period. Marshall Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $678,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Morgan Stanley increased its holdings in iShares 20+ Year Treasury Bond ETF by 19.7% during the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock valued at $3,500,096,000 after purchasing an additional 6,505,853 shares in the last quarter. Rafferty Asset Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 134.1% in the 4th 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 during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 6.8% in the 4th 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 buying an additional 1,090,199 shares during the last quarter. TD Asset Management Inc boosted its position in iShares 20+ Year Treasury Bond ETF by 26.2% in the 4th 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. boosted its position in iShares 20+ Year Treasury Bond ETF by 3,761.2% in the 4th quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock valued at $444,750,000 after buying an additional 4,381,387 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $91.80 on Friday. The firm has a market capitalization of $53.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business’s fifty day moving average price is $91.55 and its two-hundred day moving average price is $93.29. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $102.98.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be given a $0.2911 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.49 dividend on an annualized basis and a yield of 3.81%.

About iShares 20+ Year Treasury Bond ETF

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.