Brookwood Investment Group LLC Lowers Stake in iShares 20+ Year Treasury Bond ETF $TLT

Brookwood Investment Group LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 19.4% during the second quarter, Holdings Channel.com reports. The firm owned 62,483 shares of the exchange traded fund’s stock after selling 15,009 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 0.9% of Brookwood Investment Group LLC’s investment portfolio, making the stock its 18th largest holding. Brookwood Investment Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,514,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Coastline Trust Co purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $32,000. MassMutual Private Wealth & Trust FSB raised its position in iShares 20+ Year Treasury Bond ETF by 38.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV raised its position in iShares 20+ Year Treasury Bond ETF by 416.0% in the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 416 shares during the period. Rossby Financial LCC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $51,000. Finally, Harbor Investment Advisory LLC raised its position in iShares 20+ Year Treasury Bond ETF by 1,477.5% in the 2nd quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 591 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ:TLT opened at $91.47 on Monday. The stock has a market cap of $49.91 billion, a PE ratio of -6.75 and a beta of 0.53. The company’s fifty day moving average is $89.03 and its 200 day moving average is $87.54. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a $0.3104 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Wednesday, October 1st.

iShares 20+ Year Treasury Bond ETF 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.