iShares 20+ Year Treasury Bond ETF $TLT Shares Acquired by Sovran Advisors LLC

Sovran Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 121,604 shares of the exchange traded fund’s stock after buying an additional 8,867 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 0.8% of Sovran Advisors LLC’s investment portfolio, making the stock its 25th largest position. Sovran Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,412,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CPR Investments Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 164.4% in the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after buying an additional 47,741 shares during the last quarter. Benin Management CORP bought a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $4,655,000. Caldwell Trust Co lifted its holdings in iShares 20+ Year Treasury Bond ETF by 1,038.7% during the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after buying an additional 6,045 shares during the last quarter. Affinity Wealth Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 2.6% during the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after buying an additional 7,325 shares during the last quarter. Finally, Foguth Wealth Management LLC. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $5,850,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT traded down $0.02 during trading on Friday, reaching $84.47. The stock had a trading volume of 14,442,171 shares, compared to its average volume of 32,720,563. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The stock has a market cap of $41.60 billion, a PE ratio of -6.75 and a beta of 0.51. The firm’s 50 day moving average price is $85.44 and its two-hundred day moving average price is $86.86.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.318 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, July 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. 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.