iShares 20+ Year Treasury Bond ETF $TLT Shares Bought by Joule Financial LLC

Joule Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 74.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,383 shares of the exchange traded fund’s stock after buying an additional 23,713 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.6% of Joule Financial LLC’s investment portfolio, making the stock its 12th largest position. Joule Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,888,000 at the end of the most recent quarter.

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

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of TLT opened at $89.38 on Monday. The company’s 50-day moving average price is $88.02 and its 200 day moving average price is $87.49. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $95.96. The firm has a market cap of $48.91 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.