Client 1ST Advisory Group LLC Has $205,000 Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Client 1ST Advisory Group LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 85.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,321 shares of the exchange traded fund’s stock after selling 13,282 shares during the period. Client 1ST Advisory Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $205,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. NBC Securities Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $25,000. Byrne Asset Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $26,000. Proathlete Wealth Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $28,000. Coastline Trust Co bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $32,000. Finally, First Pacific Financial bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $38,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $89.37 on Wednesday. The company has a fifty day moving average price of $87.82 and a 200-day moving average price of $87.54. The company has a market capitalization of $49.97 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $99.33.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a dividend of $0.3104 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is 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.