iShares 20+ Year Treasury Bond ETF $TLT is Townsend & Associates Inc’s 6th Largest Position

Townsend & Associates Inc boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 481,689 shares of the exchange traded fund’s stock after acquiring an additional 31,145 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 4.1% of Townsend & Associates Inc’s portfolio, making the stock its 6th biggest holding. Townsend & Associates Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $41,632,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Coastline Trust Co acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth $32,000. First Pacific Financial purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $38,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 129 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 416.0% in the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 416 shares during the last quarter. Finally, Rossby Financial LCC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $51,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2%

TLT stock opened at $91.20 on Monday. The business has a 50 day moving average price of $88.57 and a 200 day moving average price of $87.47. The stock has a market cap of $50.52 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

iShares 20+ Year Treasury Bond ETF Company 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.