Valmark Advisers Inc. Sells 1,147 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Valmark Advisers Inc. trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,545 shares of the exchange traded fund’s stock after selling 1,147 shares during the period. Valmark Advisers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $313,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Lansing Street Advisors boosted its holdings in iShares 20+ Year Treasury Bond ETF by 35.2% during the second quarter. Lansing Street Advisors now owns 6,684 shares of the exchange traded fund’s stock valued at $590,000 after acquiring an additional 1,740 shares during the period. NBT Bank N A NY boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2.8% during the second quarter. NBT Bank N A NY now owns 62,329 shares of the exchange traded fund’s stock valued at $5,501,000 after acquiring an additional 1,671 shares during the period. Venturi Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 54.5% during the second quarter. Venturi Wealth Management LLC now owns 6,262 shares of the exchange traded fund’s stock valued at $553,000 after acquiring an additional 2,210 shares during the period. Friedenthal Financial raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1,292.3% during the second quarter. Friedenthal Financial now owns 3,634 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 3,373 shares during the last quarter. Finally, Heck Capital Advisors LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.6% during the second quarter. Heck Capital Advisors LLC now owns 82,764 shares of the exchange traded fund’s stock valued at $7,304,000 after buying an additional 2,897 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $90.62 on Friday. The company has a 50-day simple moving average of $88.26 and a 200-day simple moving average of $87.50. The firm has a market capitalization of $49.30 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.3104 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.