Betterment LLC Increases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Betterment LLC grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 92,333 shares of the exchange traded fund’s stock after acquiring an additional 17,769 shares during the period. Betterment LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,252,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the stock. Clearstead Trust LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 130.9% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 161 shares in the last quarter. Greykasell Wealth Strategies Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $27,000. Ameritas Investment Partners Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $33,000. Finally, First Command Advisory Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $33,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $86.97 on Friday. The company has a market cap of $45.13 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock has a 50-day moving average of $88.29 and a two-hundred day moving average of $88.84. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.3006 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.