Axxcess Wealth Management LLC Acquires 21,999 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Axxcess Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 104,184 shares of the exchange traded fund’s stock after acquiring an additional 21,999 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,194,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Proathlete Wealth Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $28,000. Coastline Trust Co bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $32,000. First Pacific Financial bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $38,000. Highline Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $41,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 129 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1%

iShares 20+ Year Treasury Bond ETF stock opened at $90.57 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $95.62. The company’s 50 day moving average price is $88.31 and its two-hundred day moving average price is $87.48. The stock has a market cap of $49.80 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.