Founders Financial Alliance LLC Sells 200 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Founders Financial Alliance LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 33.8% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 392 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. Founders Financial Alliance LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $36,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bleakley Financial Group LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 121 shares during the period. 49 Wealth Management LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 5.4% during the 1st quarter. 49 Wealth Management LLC now owns 2,418 shares of the exchange traded fund’s stock valued at $224,000 after acquiring an additional 124 shares during the period. Trivant Custom Portfolio Group LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.0% during the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock worth $301,000 after purchasing an additional 127 shares in the last quarter. Crewe Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 22.4% in the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock worth $68,000 after purchasing an additional 135 shares during the period. Finally, Institute for Wealth Management LLC. raised its stake in iShares 20+ Year Treasury Bond ETF by 3.8% in the second quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock valued at $341,000 after purchasing an additional 136 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4 %

TLT stock opened at $98.49 on Wednesday. The company’s 50-day moving average price is $97.55 and its two-hundred day moving average price is $93.77. The firm has a market cap of $58.38 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.3128 dividend. The ex-dividend date was Tuesday, September 3rd.

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.