Simplicity Wealth LLC Increases Position in iShares 20+ Year Treasury Bond ETF $TLT

Simplicity Wealth LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,169.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 161,760 shares of the exchange traded fund’s stock after acquiring an additional 149,014 shares during the quarter. Simplicity Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,275,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. NBC Securities Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $25,000. Byrne Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $26,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $28,000. Coastline Trust Co bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $32,000. Finally, First Pacific Financial purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $38,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.38 on Friday. The stock has a market capitalization of $48.84 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 $95.96. The stock’s 50-day simple moving average is $88.02 and its 200 day simple moving average is $87.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

About iShares 20+ Year Treasury Bond ETF

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.