Mariner Investment Group LLC Takes $5.94 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mariner Investment Group LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, Holdings Channel reports. The fund purchased 68,000 shares of the exchange traded fund’s stock, valued at approximately $5,938,000. iShares 20+ Year Treasury Bond ETF accounts for 1.2% of Mariner Investment Group LLC’s holdings, making the stock its 4th biggest holding.

Other hedge funds also recently bought and sold shares of the company. ORG Wealth Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. West Branch Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 203 shares in the last quarter. Prospera Private Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $42,000. ST Germain D J Co. Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $59,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $87.22 on Monday. The business has a fifty day moving average price of $89.35 and a 200 day moving average price of $93.36. The company has a market cap of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm 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. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.