Ameritas Advisory Services LLC Lowers Position in iShares 20+ Year Treasury Bond ETF $TLT

Ameritas Advisory Services LLC lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 52.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,472 shares of the exchange traded fund’s stock after selling 11,458 shares during the period. Ameritas Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $924,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of TLT. NBC Securities Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $25,000. Byrne Asset Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $26,000. Proathlete Wealth Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $28,000. Coastline Trust Co purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $32,000. Finally, First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $38,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of NASDAQ TLT opened at $89.38 on Monday. The stock has a market cap of $48.91 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $95.96. The stock’s 50-day moving average is $88.02 and its 200 day moving average is $87.49.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be issued a dividend of $0.3104 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, October 1st.

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.