Sovereign Financial Group Inc. Acquires 174 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Sovereign Financial Group Inc. raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,605 shares of the exchange traded fund’s stock after buying an additional 174 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $648,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TLT. Bleakley Financial Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3.5% during the first quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 121 shares in the last quarter. 49 Wealth Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 5.4% in the first 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 increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.0% in the second 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 during the period. Crewe Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 22.4% in the 2nd quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 135 shares in the last quarter. Finally, Institute for Wealth Management LLC. lifted its position in iShares 20+ Year Treasury Bond ETF by 3.8% during 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 during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

Shares of TLT stock opened at $94.99 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $101.64. The business has a 50-day moving average price of $97.99 and a two-hundred day moving average price of $93.91. The firm has a market cap of $58.87 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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