BCU Wealth Advisors LLC Acquires 1,230 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

BCU Wealth Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.9% during the first quarter, HoldingsChannel reports. The firm owned 8,959 shares of the exchange traded fund’s stock after purchasing an additional 1,230 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 0.4% of BCU Wealth Advisors LLC’s investment portfolio, making the stock its 21st biggest holding. BCU Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 1.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 15,956,950 shares of the exchange traded fund’s stock worth $1,393,520,000 after buying an additional 298,003 shares during the last quarter. FMR LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 24.3% during the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after purchasing an additional 1,421,699 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after purchasing an additional 235,504 shares during the period. Capula Management Ltd purchased a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $455,550,000. Finally, Mackenzie Financial Corp lifted its stake in iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Mackenzie Financial Corp now owns 3,911,300 shares of the exchange traded fund’s stock valued at $341,574,000 after purchasing an additional 35,500 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.0%

Shares of NASDAQ TLT opened at $85.46 on Tuesday. The stock has a fifty day simple moving average of $86.71 and a two-hundred day simple moving average of $88.46. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.30 and a 1-year high of $101.64. The firm has a market cap of $46.24 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.3195 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.83 annualized dividend and a dividend yield of 4.49%.

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.