Estate Counselors LLC Has $6.09 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Estate Counselors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,487.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 70,250 shares of the exchange traded fund’s stock after purchasing an additional 65,825 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 0.5% of Estate Counselors LLC’s investment portfolio, making the stock its 24th biggest holding. Estate Counselors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $31,000. Summer Road LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares in the last quarter. Trust Co. of Vermont increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 90.5% during the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 181 shares in the last quarter. Stone House Investment Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 352 shares during the period. Finally, Albion Financial Group UT acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $36,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.6%

NASDAQ TLT opened at $83.75 on Tuesday. The company has a fifty day simple moving average of $85.15 and a 200 day simple moving average of $86.56. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The company has a market cap of $42.50 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.318 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.