Concurrent Investment Advisors LLC Raises Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Concurrent Investment Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 523,846 shares of the exchange traded fund’s stock after acquiring an additional 98,447 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 0.9% of Concurrent Investment Advisors LLC’s holdings, making the stock its 11th biggest position. Concurrent Investment Advisors LLC owned 0.10% of iShares 20+ Year Treasury Bond ETF worth $46,229,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 28.0% in 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 in the last quarter. NBC Securities Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $25,000. Fifth Third Bancorp grew its stake in iShares 20+ Year Treasury Bond ETF by 40.9% in the 1st quarter. Fifth Third Bancorp now owns 77,271 shares of the exchange traded fund’s stock worth $7,034,000 after buying an additional 22,411 shares in the last quarter. Krilogy Financial LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 19.9% in the 1st quarter. Krilogy Financial LLC now owns 269,434 shares of the exchange traded fund’s stock worth $24,527,000 after buying an additional 44,774 shares in the last quarter. Finally, Tritonpoint Wealth LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 4.9% in the 1st quarter. Tritonpoint Wealth LLC now owns 11,308 shares of the exchange traded fund’s stock worth $1,029,000 after buying an additional 528 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $90.62 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $95.62. The stock has a market cap of $49.82 billion, a PE ratio of -6.75 and a beta of 0.06. The firm has a 50 day simple moving average of $88.26 and a two-hundred day simple moving average of $87.49.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3104 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.