Smith Salley Wealth Management Boosts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Smith Salley Wealth Management raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,948 shares of the exchange traded fund’s stock after acquiring an additional 761 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in TLT. NBC Securities Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $25,000. Byrne Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth $26,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth about $28,000. Coastline Trust Co purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. Finally, First Pacific Financial purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $38,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1%

iShares 20+ Year Treasury Bond ETF stock opened at $88.90 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $99.33. The company has a 50-day moving average price of $87.69 and a 200 day moving average price of $87.56. The stock has a market cap of $49.70 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.3281 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) annualized dividend and a yield of 4.4%.

About iShares 20+ Year Treasury Bond ETF

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.