iShares 20+ Year Treasury Bond ETF $TLT Shares Bought by Burford Brothers Inc.

Burford Brothers Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 9,731 shares of the exchange traded fund’s stock after buying an additional 2,037 shares during the quarter. Burford Brothers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $859,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Coastline Trust Co acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at $32,000. First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $38,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 416.0% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 416 shares during the period. Finally, Rossby Financial LCC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $51,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of TLT opened at $91.20 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85. The firm has a market capitalization of $50.52 billion, a P/E ratio of -6.75 and a beta of 0.06. The firm’s 50-day moving average is $88.57 and its two-hundred day moving average is $87.50.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company 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) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares 20+ Year Treasury Bond ETF 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.