80,213 Shares in iShares 20+ Year Treasury Bond ETF $TLT Bought by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 80,213 shares of the exchange traded fund’s stock, valued at approximately $7,079,000.

A number of other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after purchasing an additional 2,508,650 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares 20+ Year Treasury Bond ETF by 84.9% during the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after purchasing an additional 3,632,572 shares during the period. Harvest Portfolios Group Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 19.7% during the first quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after purchasing an additional 599,149 shares during the period. Raymond James Financial Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 2,881,751 shares of the exchange traded fund’s stock worth $262,326,000 after buying an additional 74,660 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after buying an additional 63,442 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.0%

TLT opened at $87.34 on Monday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09. The business has a 50 day moving average of $89.84 and a 200-day moving average of $88.17. The stock has a market cap of $47.84 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a dividend of $0.3206 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.4%.

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.