HB Wealth Management LLC Boosts Stake in iShares 20+ Year Treasury Bond ETF $TLT

HB Wealth Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,869 shares of the exchange traded fund’s stock after buying an additional 1,295 shares during the period. HB Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $430,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. NBC Securities Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $25,000. Byrne Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $26,000. Proathlete Wealth Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $28,000. Coastline Trust Co bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. Finally, First Pacific Financial purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $38,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2%

NASDAQ TLT opened at $89.38 on Monday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $95.96. The company has a market capitalization of $48.91 billion, a P/E ratio of -6.75 and a beta of 0.06. The stock’s 50-day moving average price is $88.02 and its 200-day moving average price is $87.49.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.3104 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.2%.

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.