Northeast Financial Group Inc. Lowers Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Northeast Financial Group Inc. reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 87,919 shares of the exchange traded fund’s stock after selling 8,144 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 1.9% of Northeast Financial Group Inc.’s holdings, making the stock its 19th largest holding. Northeast Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,640,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Yukon Wealth Management Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.5% in the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after acquiring an additional 118 shares in the last quarter. Advyzon Investment Management LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 124 shares in the last quarter. United Asset Strategies Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 1.2% during the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after purchasing an additional 126 shares in the last quarter. Harvest Fund Management Co. Ltd raised its holdings in iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares in the last quarter. Finally, Ranch Capital Advisors Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Ranch Capital Advisors Inc. now owns 3,940 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 135 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $83.25 on Monday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The stock’s 50 day moving average is $85.15 and its two-hundred day moving average is $86.59. The firm has a market capitalization of $42.25 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.318 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 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. 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.