14,211 iShares 20+ Year Treasury Bond ETF $TLT Shares Bought by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 60.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 37,642 shares of the exchange traded fund’s stock after purchasing an additional 14,211 shares during the period. Summit Financial Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,928,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TLT. Birchbrook Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.3% in the 3rd quarter. Birchbrook Inc. now owns 90,527 shares of the exchange traded fund’s stock worth $7,041,000 after acquiring an additional 3,701 shares during the last quarter. Hudock Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 406.5% in the 3rd quarter. Hudock Inc. now owns 12,319 shares of the exchange traded fund’s stock valued at $958,000 after acquiring an additional 9,887 shares in the last quarter. Western Financial Corp CA boosted its stake in iShares 20+ Year Treasury Bond ETF by 3.4% during the 3rd quarter. Western Financial Corp CA now owns 16,640 shares of the exchange traded fund’s stock valued at $1,294,000 after purchasing an additional 547 shares during the last quarter. Tempus Wealth Planning LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 83.8% in the third quarter. Tempus Wealth Planning LLC now owns 53,727 shares of the exchange traded fund’s stock worth $4,179,000 after purchasing an additional 24,491 shares during the last quarter. Finally, Cultivar Capital Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 19.9% in the third quarter. Cultivar Capital Inc. now owns 195,220 shares of the exchange traded fund’s stock worth $15,184,000 after purchasing an additional 32,432 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock traded up $1.22 during trading hours on Thursday, reaching $80.11. The company had a trading volume of 54,414,480 shares, compared to its average volume of 33,919,184. iShares 20+ Year Treasury Bond ETF has a 12 month low of $76.43 and a 12 month high of $92.18. The business has a fifty day simple moving average of $80.82 and a 200-day simple moving average of $83.76. The company has a market cap of $49.79 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.3116 per share. This represents a $3.74 annualized dividend and a yield of 4.7%. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st.

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. 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.