Collaborative Fund Advisors LLC Makes New $1.78 Million Investment in iShares 20+ Year Treasury Bond ETF $TLT

Collaborative Fund Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, Holdings Channel.com reports. The firm acquired 20,564 shares of the exchange traded fund’s stock, valued at approximately $1,783,000.

Several other institutional investors have also recently modified their holdings of TLT. Brighton Jones LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after buying an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC grew its position in iShares 20+ Year Treasury Bond ETF by 409.3% during the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock valued at $4,629,000 after acquiring an additional 40,863 shares during the last quarter. Russell Investments Group Ltd. grew its position in iShares 20+ Year Treasury Bond ETF by 520.4% during the second quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 510 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.7% during the second quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after acquiring an additional 180,073 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after acquiring an additional 63,442 shares in 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 $85.51 on Monday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The firm has a market cap of $41.10 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The firm has a 50 day moving average price of $85.60 and a 200-day moving average price of $86.96.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a $0.318 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.5%.

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.