Nolet Wealth Management LLC Sells 116,911 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Nolet Wealth Management LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 66.5% during the second quarter, HoldingsChannel reports. The firm owned 58,775 shares of the exchange traded fund’s stock after selling 116,911 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 2.8% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Nolet Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,079,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $31,000. Summer Road LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at $32,000. BOK Financial Private Wealth Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $37,000. Finally, WFA of San Diego LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $46,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $82.19 on Wednesday. The company’s 50-day moving average is $84.68 and its 200-day moving average is $86.17. The firm has a market capitalization of $41.40 billion, a PE ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $81.89 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.3305 per share. The ex-dividend date of this dividend was Monday, August 3rd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.