Sovereign Financial Group Inc. Sells 1,151 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Sovereign Financial Group Inc. decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 32.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,365 shares of the exchange traded fund’s stock after selling 1,151 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $209,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Johnson Bixby & Associates LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock valued at $219,000 after acquiring an additional 233 shares in the last quarter. Checchi Capital Advisers LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock valued at $13,828,000 after acquiring an additional 65,366 shares in the last quarter. Tempus Wealth Planning LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock valued at $1,230,000 after acquiring an additional 5,993 shares in the last quarter. Sunpointe LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $276,000. Finally, Golden State Wealth Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.1% during the 1st quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after acquiring an additional 307 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.6%

NASDAQ TLT opened at $90.62 on Monday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $95.62. The company has a market cap of $49.82 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The business’s fifty day moving average is $88.26 and its 200 day moving average is $87.48.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.3104 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.