Ballast Advisors LLC Has $212,000 Position in iShares 20+ Year Treasury Bond ETF $TLT

Ballast Advisors LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,399 shares of the exchange traded fund’s stock after acquiring an additional 214 shares during the period. Ballast Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $212,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 1.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 38,017,057 shares of the exchange traded fund’s stock valued at $3,460,693,000 after buying an additional 374,811 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 200.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock valued at $3,281,866,000 after buying an additional 71,888,500 shares in the last quarter. Harvest Portfolios Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 19.7% in the first quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock valued at $331,229,000 after buying an additional 599,149 shares in the last quarter. Simplex Trading LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $278,367,000. Finally, Raymond James Financial Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 2.7% during the first quarter. Raymond James Financial Inc. now owns 2,881,751 shares of the exchange traded fund’s stock worth $262,326,000 after purchasing an additional 74,660 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.0%

iShares 20+ Year Treasury Bond ETF stock opened at $91.47 on Friday. The stock has a market capitalization of $49.89 billion, a PE ratio of -6.75 and a beta of 0.06. The company has a 50 day moving average of $89.03 and a 200-day moving average of $87.55. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.3104 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, October 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.