iShares 20+ Year Treasury Bond ETF $TLT Position Increased by Townsend & Associates Inc

Townsend & Associates Inc raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 481,689 shares of the exchange traded fund’s stock after buying an additional 31,145 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 4.1% of Townsend & Associates Inc’s holdings, making the stock its 6th largest holding. Townsend & Associates Inc owned about 0.09% of iShares 20+ Year Treasury Bond ETF worth $41,632,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of TLT. Coastline Trust Co acquired a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $32,000. First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $38,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 416.0% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 416 shares in the last quarter. Finally, Rossby Financial LCC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $51,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2%

iShares 20+ Year Treasury Bond ETF stock opened at $91.20 on Monday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.85. The firm has a market cap of $50.52 billion, a PE ratio of -6.75 and a beta of 0.06. The company’s 50 day moving average is $88.57 and its two-hundred day moving average is $87.47.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.