91,707 Shares in iShares 20+ Year Treasury Bond ETF $TLT Acquired by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 91,707 shares of the exchange traded fund’s stock, valued at approximately $7,133,000. iShares 20+ Year Treasury Bond ETF makes up approximately 1.0% of Market Street Wealth Management Advisors LLC’s investment portfolio, making the stock its 29th biggest position.

Several other institutional investors have also bought and sold shares of TLT. LGL Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $776,000. Belvedere Trading LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $2,823,000. Waverly Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 38.3% during the second quarter. Waverly Advisors LLC now owns 36,173 shares of the exchange traded fund’s stock valued at $3,126,000 after acquiring an additional 10,009 shares during the last quarter. Merit Financial Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 100.3% during the second quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock valued at $25,022,000 after acquiring an additional 144,965 shares during the last quarter. Finally, Tidal Investments LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 457.8% during the second quarter. Tidal Investments LLC now owns 76,413 shares of the exchange traded fund’s stock worth $6,578,000 after acquiring an additional 62,713 shares during the period. Institutional investors own 73.33% of the company’s stock.

Key Stories Impacting iShares 20+ Year Treasury Bond ETF

Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:

• Positive Sentiment: Falling October rate-hike odds support TLT. Markets sharply reduced expectations for another rate increase this month, which can benefit long-duration Treasury prices. However, the article cautions that the underlying jobs data remains difficult to interpret. October Rate-Hike Odds Just Fell From 51% to 19% in One Week
• Positive Sentiment: Recession concerns may increase demand for Treasuries. A growing set of economic warning signals could encourage defensive positioning and a flight to high-quality government bonds, providing potential support for TLT. Recession Warning: The Signals Are Lining Up
• Positive Sentiment: Strong foreign participation in a $39 billion Treasury auction is constructive. Foreign buyers reportedly took about 80% of the offering, signaling substantial demand for U.S. government debt and potentially helping contain long-term yields. Foreign Buyers Took 80% of the Treasury’s $39 Billion Auction
• Neutral Sentiment: Middle East tensions create competing forces. Geopolitical risk can drive safe-haven buying of Treasuries, but an oil-price spike could worsen inflation expectations and keep yields higher. Markets Struggle As Middle East Conflict Heats Up
• Negative Sentiment: Elevated real yields and a hawkish Fed outlook weigh on TLT. September’s 10-year yield increase came entirely from higher real yields, while Fed officials unanimously supported the prior rate hike and most favored another before year-end. Higher-for-longer policy raises the risk of further bond-price pressure. Bond Valuations Reflect Higher Hurdle for Capital Every Fed Official Backed September’s Hike
• Negative Sentiment: Recent Treasury-market weakness remains a key headwind. Reports of yields reaching a multi-decade high, alongside concerns about inflation and the economic cost of rates above 5%, underscore the risk to long-duration bonds. Markets Turn Lower As Treasury Yields Hit 24-Year High

iShares 20+ Year Treasury Bond ETF Trading Up 0.9%

TLT stock opened at $77.87 on Friday. The stock’s fifty day simple moving average is $81.16 and its two-hundred day simple moving average is $83.99. iShares 20+ Year Treasury Bond ETF has a 1-year low of $76.43 and a 1-year high of $92.18. The stock has a market cap of $47.47 billion, a P/E 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 $0.3116 dividend. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.8%.

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.