Simplicity Wealth LLC Boosts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Simplicity Wealth LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.5% in the first quarter, Holdings Channel.com reports. The fund owned 282,912 shares of the exchange traded fund’s stock after purchasing an additional 40,018 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 1.4% of Simplicity Wealth LLC’s portfolio, making the stock its 11th biggest position. Simplicity Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $24,526,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in TLT. Brighton Jones LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 601 shares during the period. Capstone Wealth Management Group LLC increased its position in shares of 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 buying an additional 40,863 shares during the period. Russell Investments Group Ltd. increased its position in shares of 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 buying an additional 510 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.7% in 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 buying an additional 180,073 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after buying an additional 63,442 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.0%

Shares of TLT stock traded down $0.02 during trading hours on Friday, reaching $84.47. The stock had a trading volume of 14,442,171 shares, compared to its average volume of 32,720,563. The stock’s fifty day simple moving average is $85.44 and its 200 day simple moving average is $86.86. The firm has a market capitalization of $41.60 billion, a PE ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.318 dividend. The ex-dividend date was 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.