GWN Securities Inc. Cuts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

GWN Securities Inc. lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 96.6% during the second quarter, Holdings Channel reports. The institutional investor owned 5,825 shares of the exchange traded fund’s stock after selling 164,161 shares during the quarter. GWN Securities Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $514,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Johnson Bixby & Associates LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 10.4% in 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 boosted its stake 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 worth $13,828,000 after purchasing an additional 65,366 shares in the last quarter. Tempus Wealth Planning LLC boosted its stake 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 worth $1,230,000 after purchasing 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 worth approximately $276,000. Finally, Golden State Wealth Management LLC boosted its stake 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 worth $579,000 after purchasing an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3%

TLT stock opened at $92.02 on Wednesday. The firm has a 50 day moving average of $89.25 and a 200 day moving average of $87.60. The stock has a market capitalization of $50.21 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.3104 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.