AssuredPartners Investment Advisors LLC Trims Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AssuredPartners Investment Advisors LLC lowered its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 9,045 shares of the exchange traded fund’s stock after selling 279 shares during the quarter. AssuredPartners Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TLT. Brighton Jones LLC increased its position in shares of 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 valued at $240,000 after purchasing an additional 601 shares during the last quarter. Van ECK Associates Corp increased its holdings in iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 178 shares in the last quarter. Principal Financial Group Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 86.8% in the 4th quarter. Principal Financial Group Inc. now owns 164,867 shares of the exchange traded fund’s stock worth $14,398,000 after acquiring an additional 76,594 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $70,000. Finally, Wealthspire Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $245,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.7%

iShares 20+ Year Treasury Bond ETF stock opened at $87.40 on Wednesday. The firm has a 50 day moving average of $86.60 and a 200 day moving average of $88.20. The firm has a market capitalization of $47.29 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.30 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.3195 dividend. This represents a $3.83 annualized dividend and a yield of 4.39%. The ex-dividend date was Monday, June 2nd.

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.