Foster & Motley Inc. Has $6.48 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Foster & Motley Inc. cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,462 shares of the exchange traded fund’s stock after selling 3,565 shares during the period. Foster & Motley Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,483,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. ShoreHaven Wealth Partners LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 38.5% during the 2nd quarter. ShoreHaven Wealth Partners LLC now owns 117,926 shares of the exchange traded fund’s stock worth $10,407,000 after buying an additional 32,754 shares in the last quarter. Stratos Wealth Advisors LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 200.1% during the 2nd quarter. Stratos Wealth Advisors LLC now owns 64,753 shares of the exchange traded fund’s stock worth $5,715,000 after buying an additional 43,174 shares in the last quarter. Interactive Financial Advisors Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11.4% during the 2nd quarter. Interactive Financial Advisors Inc. now owns 80,185 shares of the exchange traded fund’s stock worth $7,076,000 after buying an additional 8,237 shares in the last quarter. Oxbow Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $252,000. Finally, Empirical Asset Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.1% during the 2nd quarter. Empirical Asset Management LLC now owns 5,737 shares of the exchange traded fund’s stock worth $506,000 after buying an additional 117 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 Performance

iShares 20+ Year Treasury Bond ETF stock opened at $91.20 on Friday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.85. The stock has a market capitalization of $50.52 billion, a P/E ratio of -6.75 and a beta of 0.06. The stock has a fifty day moving average of $88.57 and a 200-day moving average of $87.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.