DAVENPORT & Co LLC Has $7.16 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

DAVENPORT & Co LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,161 shares of the exchange traded fund’s stock after selling 3,977 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,162,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Johnson Bixby & Associates LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 233 shares in the last quarter. Checchi Capital Advisers LLC increased its position in iShares 20+ Year Treasury Bond ETF by 75.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock valued at $13,828,000 after acquiring an additional 65,366 shares in the last quarter. Tempus Wealth Planning LLC increased its position in iShares 20+ Year Treasury Bond ETF by 75.5% in the 2nd quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock valued at $1,230,000 after acquiring an additional 5,993 shares in the last quarter. Sunpointe LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $276,000. Finally, Golden State Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 5.1% in the 1st quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after acquiring an additional 307 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.6%

TLT opened at $89.18 on Wednesday. The stock has a market capitalization of $48.80 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $95.62. The firm has a 50-day moving average price of $88.11 and a two-hundred day moving average price of $87.49.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.3104 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Wednesday, October 1st.

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.