Estate Counselors LLC Buys 65,825 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Estate Counselors LLC grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,487.6% during the first quarter, Holdings Channel reports. The firm owned 70,250 shares of the exchange traded fund’s stock after purchasing an additional 65,825 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 0.5% of Estate Counselors LLC’s portfolio, making the stock its 24th largest position. Estate Counselors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,090,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of TLT. Brighton Jones LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 28.0% during 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 during the last quarter. Capstone Wealth Management Group LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 409.3% in the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after purchasing an additional 40,863 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 520.4% during the second quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 510 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 28.7% during the second quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock valued at $71,348,000 after purchasing an additional 180,073 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during 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 purchasing an additional 63,442 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $83.75 on Tuesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The stock has a market cap of $42.50 billion, a PE ratio of -6.75 and a beta of 0.51. The firm’s 50-day simple moving average is $85.15 and its 200 day simple moving average is $86.56.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.318 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.