7,494 Shares of iShares 20+ Year Treasury Bond ETF $TLT Bought by Leo Wealth LLC

Leo Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 7,494 shares of the exchange traded fund’s stock, valued at approximately $583,000.

Several other institutional investors have also recently added to or reduced their stakes in TLT. Summer Road LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the last quarter. Axiom Investment Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $32,000. Versant Capital Management Inc raised its holdings in iShares 20+ Year Treasury Bond ETF by 1,126.1% in the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 518 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 123.6% during the 2nd 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 in the last quarter. Finally, Mosley Wealth Management boosted its position in shares of 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 worth $52,000 after buying an additional 596 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 0.1%

Shares of NASDAQ:TLT opened at $81.63 on Wednesday. The company has a 50 day moving average of $80.55 and a two-hundred day moving average of $84.74. The company has a market capitalization of $48.27 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 52-week low of $76.43 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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