Avidian Wealth Enterprises LLC Decreases Position in iShares 20+ Year Treasury Bond ETF $TLT

Avidian Wealth Enterprises LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 4,025 shares of the exchange traded fund’s stock after selling 1,157 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $355,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Brighton Jones LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after buying an additional 601 shares in the last quarter. JFS Wealth Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 143.0% in the 1st quarter. JFS Wealth Advisors LLC now owns 943 shares of the exchange traded fund’s stock valued at $86,000 after buying an additional 555 shares in the last quarter. Valmark Advisers Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 9.1% in the 1st quarter. Valmark Advisers Inc. now owns 4,692 shares of the exchange traded fund’s stock valued at $427,000 after buying an additional 393 shares in the last quarter. Balboa Wealth Partners purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $265,000. Finally, Harbour Capital Advisors LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $228,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $92.06 on Thursday. The firm has a market capitalization of $50.22 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85. The firm’s 50-day moving average price is $88.84 and its 200 day moving average price is $87.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3104 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, October 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.