Triumph Capital Management Grows Position in iShares 20+ Year Treasury Bond ETF $TLT

Triumph Capital Management raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,997 shares of the exchange traded fund’s stock after purchasing an additional 6,508 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.2% of Triumph Capital Management’s holdings, making the stock its 16th biggest position. Triumph Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,827,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Summer Road LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 200 shares in the last quarter. Axiom Investment Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $37,000. Finally, WFA of San Diego LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $46,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $82.52 on Tuesday. The firm has a fifty day moving average price of $83.78 and a 200 day moving average price of $85.68. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $81.17 and a fifty-two week high of $92.18. The firm has a market cap of $41.57 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 disclosed a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.3147 per share. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a 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.