iShares 20+ Year Treasury Bond ETF $TLT Stock Holdings Decreased by Sowell Financial Services LLC

Sowell Financial Services LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 61.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,214 shares of the exchange traded fund’s stock after selling 100,605 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,917,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Axiom Investment Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $32,000. Versant Capital Management Inc lifted its position in iShares 20+ Year Treasury Bond ETF by 1,126.1% during the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 518 shares during the last quarter. Cornerstone Planning Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 123.6% during the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 340 shares during the last quarter. Mosley Wealth Management boosted its stake in iShares 20+ Year Treasury Bond ETF by 9,933.3% in the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 596 shares in the last quarter. Finally, Core Capital Management & Research inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $53,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.6%

NASDAQ TLT opened at $81.49 on Friday. The firm’s fifty day simple moving average is $80.51 and its two-hundred day simple moving average is $84.68. The firm has a market capitalization of $47.60 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 12-month low of $76.43 and a 12-month high of $90.97.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.3116 dividend. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

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.