iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 61.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,214 shares of the exchange traded fund’s stock after selling 100,605 shares during the period. Sowell Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,917,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Summer Road LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 117.6% during 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 in the last quarter. Axiom Investment Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. Versant Capital Management Inc lifted its stake in iShares 20+ Year Treasury Bond ETF by 1,126.1% in the 3rd quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 518 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 123.6% in the 2nd quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 340 shares during the period. Finally, Mosley Wealth Management boosted its holdings in iShares 20+ Year Treasury Bond ETF by 9,933.3% in the 2nd quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 596 shares during the period. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $80.24 on Thursday. The stock has a market cap of $46.92 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $76.43 and a fifty-two week high of $92.18. The firm’s fifty day moving average price is $80.59 and its 200-day moving average price is $83.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a $0.3116 dividend. The ex-dividend date was Thursday, October 1st. This represents a $3.74 dividend on an annualized basis and a yield of 4.7%. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

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. 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.