Spire Wealth Management Sells 40,565 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Spire Wealth Management lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 32.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 84,208 shares of the exchange traded fund’s stock after selling 40,565 shares during the quarter. Spire Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,431,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. Goldman Sachs Group Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 200.6% during the first quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock worth $3,281,866,000 after acquiring an additional 71,888,500 shares during the last quarter. Simplex Trading LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $278,367,000. Assetmark Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 415.4% during the first quarter. Assetmark Inc. now owns 1,678,685 shares of the exchange traded fund’s stock worth $152,811,000 after purchasing an additional 1,352,977 shares during the period. Eisler Capital Management Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $94,839,000. Finally, Money Design Co. Ltd. boosted its stake in iShares 20+ Year Treasury Bond ETF by 326.4% in the 1st quarter. Money Design Co. Ltd. now owns 1,287,889 shares of the exchange traded fund’s stock valued at $117,237,000 after purchasing an additional 985,885 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $91.09 on Thursday. The firm has a market cap of $49.75 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The stock’s fifty day moving average price is $89.34 and its two-hundred day moving average price is $87.63. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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