Beacon Financial Group Cuts Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beacon Financial Group reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 91.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,698 shares of the exchange traded fund’s stock after selling 30,616 shares during the period. Beacon Financial Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $246,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. NBC Securities Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $25,000. Van ECK Associates Corp increased its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 178 shares during the last quarter. Fairway Wealth LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $63,000. Guardian Wealth Advisors LLC NC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 92.0% in the 4th quarter. Guardian Wealth Advisors LLC NC now owns 772 shares of the exchange traded fund’s stock valued at $67,000 after buying an additional 370 shares in the last quarter. Finally, Equitec Proprietary Markets LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 33.3% in the 4th quarter. Equitec Proprietary Markets LLC now owns 800 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 200 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.3%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.35 on Friday. The company has a fifty day simple moving average of $87.24 and a 200-day simple moving average of $88.76. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.30 and a 12-month high of $101.64. The stock has a market cap of $46.18 billion, a price-to-earnings ratio of -6.91 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a $0.3195 dividend. This represents a $3.83 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend was Monday, June 2nd.

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.