iShares 20+ Year Treasury Bond ETF $TLT Shares Bought by Ballew Advisors Inc

Ballew Advisors Inc lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,820 shares of the exchange traded fund’s stock after buying an additional 14,132 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 2.7% of Ballew Advisors Inc’s holdings, making the stock its 8th largest position. Ballew Advisors Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,487,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $31,000. Summer Road LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 200 shares in the last quarter. Axiom Investment Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $32,000. Versant Capital Management Inc grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% in the 3rd quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 518 shares during the period. Finally, Mosley Wealth Management grew its position in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% in the 2nd quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 596 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT traded down $0.37 during trading hours on Monday, reaching $77.11. 49,010,339 shares of the company’s stock were exchanged, compared to its average volume of 33,781,680. The company has a market capitalization of $45.80 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The company’s 50-day moving average is $81.65 and its two-hundred day moving average is $84.26. iShares 20+ Year Treasury Bond ETF has a one year low of $76.68 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st will be issued a $0.3116 dividend. This represents a $3.74 annualized dividend and a dividend yield of 4.8%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date is Thursday, October 1st.

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.