Fortis Group Advisors LLC Purchases 15,241 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Fortis Group Advisors LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 37.2% in the second quarter, HoldingsChannel reports. The firm owned 56,218 shares of the exchange traded fund’s stock after buying an additional 15,241 shares during the period. Fortis Group Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,858,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in TLT. Yukon Wealth Management Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 0.5% during the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after purchasing an additional 118 shares during the last quarter. Advyzon Investment Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after buying an additional 124 shares during the last quarter. United Asset Strategies Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after buying an additional 126 shares during the period. Harvest Fund Management Co. Ltd boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after buying an additional 126 shares during the period. Finally, Stronghold Wealth Management L.L.C. grew its stake in iShares 20+ Year Treasury Bond ETF by 0.8% in the 2nd quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock valued at $1,410,000 after buying an additional 132 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $82.59 on Friday. The firm has a market cap of $41.60 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 52 week low of $81.89 and a 52 week high of $92.18. The firm’s 50-day simple moving average is $84.56 and its 200 day simple moving average is $86.10.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued 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.