CacheTech Inc. Acquires Shares of 77,236 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

CacheTech Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 77,236 shares of the exchange traded fund’s stock, valued at approximately $7,577,000. iShares 20+ Year Treasury Bond ETF makes up about 1.6% of CacheTech Inc.’s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TLT. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $34,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $35,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $36,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 1.4 %

Shares of NASDAQ TLT opened at $90.84 on Friday. The firm has a 50-day simple moving average of $96.50 and a 200-day simple moving average of $94.00. The stock has a market capitalization of $57.97 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $86.22 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a dividend of $0.3105 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.10%. The ex-dividend date of this dividend is Friday, November 1st.

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.