Royal Fund Management LLC Purchases 7,283 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Royal Fund Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 208,015 shares of the exchange traded fund’s stock after acquiring an additional 7,283 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 1.5% of Royal Fund Management LLC’s investment portfolio, making the stock its 11th biggest position. Royal Fund Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $17,977,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Summer Road LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 200 shares during the period. Axiom Investment Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $37,000. Finally, WFA of San Diego LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $46,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $82.11 on Thursday. The firm has a market cap of $41.36 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The firm has a fifty day moving average price of $84.62 and a 200 day moving average price of $86.14. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $81.89 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.3305 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

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.