iShares 20+ Year Treasury Bond ETF $TLT Stock: Townsend & Associates Inc Boosts Stake

Townsend & Associates Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 550,320 shares of the exchange traded fund’s stock after buying an additional 10,734 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 3.8% of Townsend & Associates Inc’s portfolio, making the stock its 6th biggest holding. Townsend & Associates Inc owned about 0.09% of iShares 20+ Year Treasury Bond ETF worth $44,053,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TLT. United Asset Strategies Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after acquiring an additional 126 shares during the last quarter. Stronghold Wealth Management L.L.C. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.8% during the 2nd quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock worth $1,410,000 after acquiring an additional 132 shares in the last quarter. Ranch Capital Advisors Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.5% during the 1st quarter. Ranch Capital Advisors Inc. now owns 3,940 shares of the exchange traded fund’s stock worth $342,000 after acquiring an additional 135 shares in the last quarter. Avid Wealth Partners LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the 1st quarter. Avid Wealth Partners LLC now owns 6,155 shares of the exchange traded fund’s stock worth $534,000 after acquiring an additional 158 shares in the last quarter. Finally, Cox Capital Mgt LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.4% in the third quarter. Cox Capital Mgt LLC now owns 3,786 shares of the exchange traded fund’s stock valued at $294,000 after purchasing an additional 159 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

NASDAQ TLT opened at $81.34 on Monday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $76.43 and a 12-month high of $92.18. The company has a market capitalization of $48.10 billion, a PE ratio of -6.75 and a beta of 0.52. The firm’s 50 day moving average is $80.56 and its 200-day moving average is $83.46.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced 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. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 annualized dividend and a yield of 4.6%.

iShares 20+ Year Treasury Bond ETF Company 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.