iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by IFP Advisors Inc

IFP Advisors Inc lessened its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 19.7% during the second quarter, HoldingsChannel reports. The institutional investor owned 446,710 shares of the exchange traded fund’s stock after selling 109,400 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 0.7% of IFP Advisors Inc’s holdings, making the stock its 19th biggest position. IFP Advisors Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $38,605,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. LGL Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $776,000. Belvedere Trading LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $2,823,000. Rock Creek Group LP boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 11.0% during the fourth quarter. Rock Creek Group LP now owns 507,314 shares of the exchange traded fund’s stock worth $44,224,000 after buying an additional 50,155 shares during the period. Merit Financial Group LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 100.3% during the second quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock worth $25,022,000 after buying an additional 144,965 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 2.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 239,103 shares of the exchange traded fund’s stock valued at $20,840,000 after acquiring an additional 6,497 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0%

Shares of TLT stock opened at $82.20 on Wednesday. The stock’s 50-day moving average price is $83.19 and its 200 day moving average price is $85.37. The stock has a market capitalization of $41.40 billion, a PE ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 52-week low of $81.17 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.3147 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.