Sagespring Wealth Partners LLC Sells 284,205 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Sagespring Wealth Partners LLC reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 78.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,726 shares of the exchange traded fund’s stock after selling 284,205 shares during the period. Sagespring Wealth Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,948,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Kiker Wealth Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.1% during the second quarter. Kiker Wealth Management LLC now owns 65,084 shares of the exchange traded fund’s stock worth $5,744,000 after purchasing an additional 5,449 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 26.8% during the second quarter. Axxcess Wealth Management LLC now owns 104,184 shares of the exchange traded fund’s stock worth $9,194,000 after purchasing an additional 21,999 shares during the last quarter. ONE Advisory Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $473,000. Allspring Global Investments Holdings LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 7.6% in the second quarter. Allspring Global Investments Holdings LLC now owns 108,218 shares of the exchange traded fund’s stock worth $9,550,000 after acquiring an additional 7,598 shares during the period. Finally, Prostatis Group LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $280,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.57 on Tuesday. The stock’s 50 day moving average is $88.31 and its 200 day moving average is $87.48. The firm has a market cap of $49.80 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.3104 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares 20+ Year Treasury Bond ETF Company Profile

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.