Axxcess Wealth Management LLC Raises Position in iShares 20+ Year Treasury Bond ETF $TLT

Axxcess Wealth Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 104,184 shares of the exchange traded fund’s stock after buying an additional 21,999 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,194,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of TLT. Park Place Capital Corp grew its stake in iShares 20+ Year Treasury Bond ETF by 13.1% in the 1st quarter. Park Place Capital Corp now owns 999 shares of the exchange traded fund’s stock valued at $91,000 after buying an additional 116 shares in the last quarter. Fort Sheridan Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 2.3% in the 1st quarter. Fort Sheridan Advisors LLC now owns 5,317 shares of the exchange traded fund’s stock valued at $484,000 after buying an additional 117 shares in the last quarter. Real Talk Capital LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 1.1% in the 1st quarter. Real Talk Capital LLC now owns 12,242 shares of the exchange traded fund’s stock valued at $1,115,000 after buying an additional 129 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in 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 valued at $41,000 after buying an additional 129 shares in the last quarter. Finally, Slagle Financial LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 1.7% in the 1st quarter. Slagle Financial LLC now owns 7,779 shares of the exchange traded fund’s stock valued at $708,000 after buying an additional 133 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 Trading Down 0.1%

iShares 20+ Year Treasury Bond ETF stock opened at $90.57 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $95.62. The firm has a market capitalization of $49.80 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The firm has a 50 day simple moving average of $88.31 and a 200 day simple moving average of $87.48.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

iShares 20+ Year Treasury Bond ETF 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.