Smith Salley Wealth Management Sells 16,772 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Smith Salley Wealth Management lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 60,895 shares of the exchange traded fund’s stock after selling 16,772 shares during the quarter. Smith Salley Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,279,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TLT. Brighton Jones LLC grew its position 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 raised its stake in iShares 20+ Year Treasury Bond ETF by 409.3% during the 1st 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 last quarter. Russell Investments Group Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 520.4% during the 2nd 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% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock valued at $71,348,000 after buying an additional 180,073 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd 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 during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $86.75 on Monday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18. The company has a market cap of $43.17 billion, a P/E ratio of -6.75 and a beta of 0.52. The stock’s fifty day moving average price is $85.66 and its 200-day moving average price is $87.08.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3358 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, June 1st.

iShares 20+ Year Treasury Bond ETF 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.