Semmax Financial Advisors Inc. Increases Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Semmax Financial Advisors Inc. grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 35,534 shares of the exchange traded fund’s stock after acquiring an additional 3,732 shares during the period. Semmax Financial Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,457,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Motco purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $36,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $37,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $98.67 on Tuesday. The stock has a market capitalization of $58.49 billion, a PE ratio of -7.14 and a beta of 0.06. The company’s 50-day simple moving average is $97.08 and its 200-day simple moving average is $93.65. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

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.