Insight Wealth Strategies LLC Grows Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Insight Wealth Strategies LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.2% in the third quarter, Holdings Channel reports. The institutional investor owned 330,227 shares of the exchange traded fund’s stock after acquiring an additional 13,268 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 2.6% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 10th largest holding. Insight Wealth Strategies LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $25,685,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LGL Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $776,000. Belvedere Trading LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $2,823,000. Waverly Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 38.3% during the 2nd quarter. Waverly Advisors LLC now owns 36,173 shares of the exchange traded fund’s stock valued at $3,126,000 after acquiring an additional 10,009 shares during the period. Merit Financial Group LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 100.3% during the 2nd quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock worth $25,022,000 after purchasing an additional 144,965 shares during the last quarter. Finally, Tidal Investments LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 457.8% during the 2nd quarter. Tidal Investments LLC now owns 76,413 shares of the exchange traded fund’s stock worth $6,578,000 after purchasing an additional 62,713 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.0%

Shares of NASDAQ:TLT traded down $0.01 during mid-day trading on Friday, reaching $77.86. The company had a trading volume of 12,658,524 shares, compared to its average volume of 33,770,551. iShares 20+ Year Treasury Bond ETF has a one year low of $76.43 and a one year high of $92.18. The company’s 50-day moving average price is $81.16 and its 200-day moving average price is $83.99. The firm has a market cap of $47.47 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.3116 dividend. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 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.