Freedom Investment Management Inc. Acquires 17,323 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Freedom Investment Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 90,316 shares of the exchange traded fund’s stock after buying an additional 17,323 shares during the period. Freedom Investment Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,970,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in TLT. Coastline Trust Co bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. First Pacific Financial bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $38,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during 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 in the last quarter. Woodard & Co. Asset Management Group Inc. ADV lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 416.0% during 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 in the last quarter. Finally, Rossby Financial LCC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $51,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $92.06 on Thursday. The company’s 50-day moving average is $88.84 and its 200 day moving average is $87.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.85. The firm has a market capitalization of $50.22 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3104 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.