From MarketBeat: CreativeOne Wealth LLC Acquires 81,448 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)
From MarketBeat:
CreativeOne Wealth LLC significantly increased its holdings in iShares 20+ Year Treasury Bond ETF during the third quarter, acquiring 81,448 additional shares, bringing its total to 98,003 shares worth $8,692,000. This surge in holdings was part of a trend, as several other hedge funds also made significant increases in their positions in the ETF. The stock of iShares 20+ Year Treasury Bond ETF traded down 0.5% on Monday to $98.48, and the company recently announced a monthly dividend of $0.3105 per share, giving a yield of 3.78% on an annualized basis.
The iShares 20+ Year Treasury Bond ETF seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. It aims to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index, which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.
This article provides a brief overview of the recent activity and the company profile of the iShares 20+ Year Treasury Bond ETF. Additionally, it mentions that although the ETF currently has a “hold” rating among analysts, top-rated analysts believe there are five other stocks that are better buys.
Original: CreativeOne Wealth LLC Acquires 81,448 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)