LGL Partners LLC Makes New $776,000 Investment in iShares 20+ Year Treasury Bond ETF $TLT

LGL Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to its most recent filing with the SEC. The firm purchased 8,978 shares of the exchange traded fund’s stock, valued at approximately $776,000. iShares 20+ Year Treasury Bond ETF accounts for 0.3% of LGL Partners LLC’s portfolio, making the stock its 27th biggest holding.

Several other large investors have also recently made changes to their positions in the stock. First PREMIER Bank purchased a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth $586,000. Proficio Capital Partners LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 9,970.6% in the second quarter. Proficio Capital Partners LLC now owns 354,385 shares of the exchange traded fund’s stock worth $29,099,000 after acquiring an additional 350,866 shares in the last quarter. Nwam LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 328.8% during the second quarter. Nwam LLC now owns 62,945 shares of the exchange traded fund’s stock valued at $5,748,000 after acquiring an additional 48,266 shares in the last quarter. Cavalier Investments LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 28.1% in the 2nd quarter. Cavalier Investments LLC now owns 166,457 shares of the exchange traded fund’s stock valued at $14,385,000 after purchasing an additional 36,516 shares during the last quarter. Finally, Renasant Bank purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $698,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4%

TLT stock opened at $82.52 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $81.17 and a 52 week high of $92.18. The stock has a market capitalization of $41.57 billion, a PE ratio of -6.75 and a beta of 0.51. The firm has a 50 day moving average of $83.78 and a 200 day moving average of $85.68.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be paid a $0.3147 dividend. The ex-dividend date is Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.