IFP Advisors Inc Cuts Stake in iShares 20+ Year Treasury Bond ETF $TLT

IFP Advisors Inc reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 19.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 446,710 shares of the exchange traded fund’s stock after selling 109,400 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.7% of IFP Advisors Inc’s investment portfolio, making the stock its 28th largest holding. IFP Advisors Inc owned approximately 0.09% of iShares 20+ Year Treasury Bond ETF worth $38,605,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TLT. Brighton Jones LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after acquiring an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 409.3% in 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 purchasing an additional 40,863 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 520.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock valued at $54,000 after purchasing an additional 510 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 28.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after purchasing an additional 180,073 shares during the period. Finally, Alliancebernstein L.P. lifted its position 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 purchasing an additional 63,442 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $82.11 on Thursday. The company has a market cap of $41.36 billion, a PE ratio of -6.75 and a beta of 0.51. The firm’s 50 day moving average price is $84.62 and its 200-day moving average price is $86.14. iShares 20+ Year Treasury Bond ETF has a 52-week low of $81.89 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

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