Milestones Private Investment Advisors LLC Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Milestones Private Investment Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 53,729 shares of the exchange traded fund’s stock, valued at approximately $4,742,000. iShares 20+ Year Treasury Bond ETF comprises 3.5% of Milestones Private Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Adapt Wealth Advisors LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3.3% in the 2nd quarter. Adapt Wealth Advisors LLC now owns 123,095 shares of the exchange traded fund’s stock worth $10,863,000 after acquiring an additional 3,879 shares during the last quarter. Johnson Bixby & Associates LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 10.4% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock valued at $219,000 after purchasing an additional 233 shares during the period. Advisors Asset Management Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 6.8% in the 2nd quarter. Advisors Asset Management Inc. now owns 8,971 shares of the exchange traded fund’s stock worth $792,000 after purchasing an additional 570 shares in the last quarter. Tempus Wealth Planning LLC raised its holdings in 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 worth $1,230,000 after buying an additional 5,993 shares during the period. Finally, Sunpointe LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $276,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $87.34 on Monday. The company has a 50-day moving average of $89.84 and a two-hundred day moving average of $88.17. The stock has a market cap of $47.84 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were paid a $0.3206 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis 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.