Stratos Wealth Advisors LLC Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Stratos Wealth Advisors LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 45,598 shares of the exchange traded fund’s stock after selling 1,926 shares during the period. Stratos Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLT. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after purchasing an additional 6,457,638 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.2% in the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after purchasing an additional 814,240 shares during the period. Cibc World Market Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after purchasing an additional 1,511,435 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 7.9% in the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after purchasing an additional 359,489 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $93.87 on Friday. The business’s fifty day moving average price is $97.64 and its 200 day moving average price is $93.93. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $101.64. The firm has a market capitalization of $58.73 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. 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.