Global Wealth Strategies & Associates Cuts Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Global Wealth Strategies & Associates lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 48.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,918 shares of the exchange traded fund’s stock after selling 7,496 shares during the quarter. Global Wealth Strategies & Associates’ holdings in iShares 20+ Year Treasury Bond ETF were worth $684,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. VectorGlobal IAG Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $232,000. Ravenstone Capital Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 7.7% during the 1st quarter. Ravenstone Capital Management Inc. now owns 18,186 shares of the exchange traded fund’s stock valued at $1,577,000 after purchasing an additional 1,300 shares during the last quarter. Redwood Investment Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 20.3% during the 1st quarter. Redwood Investment Management LLC now owns 21,972 shares of the exchange traded fund’s stock valued at $1,905,000 after buying an additional 3,701 shares in the last quarter. Steelhead Wealth Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $337,000. Finally, Rathbones Group PLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 87.3% in the first quarter. Rathbones Group PLC now owns 4,777 shares of the exchange traded fund’s stock worth $414,000 after buying an additional 2,227 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $82.25 on Monday. The stock has a market capitalization of $41.50 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a one year low of $81.89 and a one year high of $92.18. The firm’s 50 day simple moving average is $85.08 and its two-hundred day simple moving average is $86.43.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.318 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend 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.