Alta Wealth Advisors LLC Makes New $500,000 Investment in iShares 20+ Year Treasury Bond ETF $TLT

Alta Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,663 shares of the exchange traded fund’s stock, valued at approximately $500,000.

Several other large investors have also recently added to or reduced their stakes in TLT. Brighton Jones LLC increased its position in iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 601 shares during the period. NBC Securities Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $25,000. Magnus Financial Group LLC increased its position in iShares 20+ Year Treasury Bond ETF by 48.2% during the 1st quarter. Magnus Financial Group LLC now owns 4,190 shares of the exchange traded fund’s stock worth $381,000 after buying an additional 1,363 shares during the period. First National Corp MA ADV increased its position in shares of iShares 20+ Year Treasury Bond ETF by 69.8% in the first quarter. First National Corp MA ADV now owns 162,381 shares of the exchange traded fund’s stock worth $14,782,000 after purchasing an additional 66,746 shares during the period. Finally, LPF Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1.3% in the first quarter. LPF Advisors LLC now owns 77,310 shares of the exchange traded fund’s stock worth $7,038,000 after purchasing an additional 986 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $89.38 on Friday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $95.96. The stock has a market capitalization of $48.84 billion, a P/E ratio of -6.75 and a beta of 0.06. The stock’s fifty day moving average is $88.02 and its 200 day moving average is $87.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.