Waverly Advisors LLC Purchases 10,009 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Waverly Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 38.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,173 shares of the exchange traded fund’s stock after acquiring an additional 10,009 shares during the quarter. Waverly Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,126,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TLT. Brighton Jones LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after acquiring an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 409.3% during the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after buying an additional 40,863 shares in the last quarter. Russell Investments Group Ltd. increased its stake in iShares 20+ Year Treasury Bond ETF by 520.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 510 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after acquiring an additional 180,073 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after acquiring an additional 63,442 shares in 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 $80.87 on Friday. The company’s fifty day moving average is $82.92 and its 200 day moving average is $85.23. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $80.67 and a fifty-two week high of $92.18. The stock has a market capitalization of $40.73 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.3147 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.