Balboa Wealth Partners Boosts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Balboa Wealth Partners grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,216 shares of the exchange traded fund’s stock after buying an additional 300 shares during the quarter. Balboa Wealth Partners’ holdings in iShares 20+ Year Treasury Bond ETF were worth $284,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Coastline Trust Co purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $32,000. First Pacific Financial purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $38,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 416.0% in the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 416 shares during the period. Finally, Rossby Financial LCC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $51,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.4%

Shares of TLT stock opened at $91.55 on Tuesday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85. The stock has a market capitalization of $49.94 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The stock has a fifty day simple moving average of $88.66 and a two-hundred day simple moving average of $87.46.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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