Envestnet Portfolio Solutions Inc. Purchases 662,248 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Envestnet Portfolio Solutions Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2,830.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 685,649 shares of the exchange traded fund’s stock after buying an additional 662,248 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.12% of iShares 20+ Year Treasury Bond ETF worth $59,254,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. LGL Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $776,000. Belvedere Trading LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $2,823,000. Rock Creek Group LP raised its position in shares of iShares 20+ Year Treasury Bond ETF by 11.0% in the 4th quarter. Rock Creek Group LP now owns 507,314 shares of the exchange traded fund’s stock worth $44,224,000 after acquiring an additional 50,155 shares in the last quarter. Merit Financial Group LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 100.3% in the 2nd quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock valued at $25,022,000 after purchasing an additional 144,965 shares during the period. Finally, Kingsview Wealth Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.8% in the 4th quarter. Kingsview Wealth Management LLC now owns 239,103 shares of the exchange traded fund’s stock valued at $20,840,000 after purchasing an additional 6,497 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock traded down $1.29 on Wednesday, hitting $80.46. 53,385,312 shares of the company’s stock traded hands, compared to its average volume of 32,362,654. iShares 20+ Year Treasury Bond ETF has a one year low of $80.22 and a one year high of $92.18. The company has a fifty day moving average of $82.48 and a two-hundred day moving average of $84.77. The company has a market capitalization of $46.98 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.3147 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.7%.

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. 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.