Mutual Advisors LLC Reduces Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Mutual Advisors LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 96,551 shares of the exchange traded fund’s stock after selling 5,815 shares during the period. Mutual Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,345,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Proathlete Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $28,000. Coastline Trust Co purchased a new position in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $32,000. First Pacific Financial bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $38,000. MassMutual Private Wealth & Trust FSB increased 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 valued at $41,000 after purchasing an additional 129 shares during the last quarter. Finally, Trifecta Capital Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $46,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3%

TLT opened at $90.86 on Wednesday. The company’s 50 day moving average is $88.36 and its 200 day moving average is $87.50. The company has a market cap of $50.40 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm 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%.

iShares 20+ Year Treasury Bond ETF 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.