Sen. John Boozman Purchases Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

by · The Cerbat Gem

Senator John Boozman (R-Arkansas) recently bought shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). In a filing disclosed on October 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in iShares 20+ Year Treasury Bond ETF stock on September 6th.

Senator John Boozman also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on 10/9/2024.
  • Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 10/6/2024.
  • Sold $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 9/26/2024.
  • Sold $1,001 – $15,000 in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on 9/9/2024.
  • Sold $1,001 – $15,000 in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) on 9/9/2024.
  • Sold $1,001 – $15,000 in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) on 9/9/2024.
  • Purchased $15,001 – $50,000 in shares of First Trust Global Tactical Commodity Strategy Fund (NASDAQ:FTGC) on 9/6/2024.
  • Purchased $1,001 – $15,000 in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) on 9/6/2024.
  • Purchased $1,001 – $15,000 in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) on 9/6/2024.
  • Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 9/6/2024.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1 %

Shares of TLT stock traded down $0.05 on Wednesday, hitting $92.27. The stock had a trading volume of 13,437,741 shares, compared to its average volume of 39,361,527. iShares 20+ Year Treasury Bond ETF has a one year low of $83.13 and a one year high of $101.64. The business has a 50 day moving average price of $97.45 and a 200 day moving average price of $93.96. The company has a market cap of $59.60 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TLT. Bleakley Financial Group LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.5% in the 1st quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 121 shares in the last quarter. 49 Wealth Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 5.4% during the 1st quarter. 49 Wealth Management LLC now owns 2,418 shares of the exchange traded fund’s stock worth $224,000 after buying an additional 124 shares during the last quarter. Trivant Custom Portfolio Group LLC increased its position in iShares 20+ Year Treasury Bond ETF by 4.0% during the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock valued at $301,000 after buying an additional 127 shares in the last quarter. Crewe Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 22.4% in the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 135 shares during the last quarter. Finally, Institute for Wealth Management LLC. boosted its stake in iShares 20+ Year Treasury Bond ETF by 3.8% in the 2nd quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock worth $341,000 after purchasing an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

iShares 20+ Year Treasury Bond ETF Company Profile

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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.

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