Nolet Wealth Management LLC Has $5.08 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Nolet Wealth Management LLC trimmed its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 66.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,775 shares of the exchange traded fund’s stock after selling 116,911 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 2.8% of Nolet Wealth Management LLC’s portfolio, making the stock its 5th largest position. Nolet Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,079,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TLT. Sanctuary Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 15.1% in the 4th quarter. Sanctuary Advisors LLC now owns 244,123 shares of the exchange traded fund’s stock valued at $21,278,000 after buying an additional 31,983 shares during the last quarter. Caldwell Trust Co boosted its position in iShares 20+ Year Treasury Bond ETF by 1,038.7% during the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 6,045 shares during the last quarter. Rock Creek Group LP boosted its position in iShares 20+ Year Treasury Bond ETF by 11.0% during the 4th quarter. Rock Creek Group LP now owns 507,314 shares of the exchange traded fund’s stock worth $44,224,000 after acquiring an additional 50,155 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 15.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 288,894 shares of the exchange traded fund’s stock worth $25,180,000 after acquiring an additional 38,042 shares in the last quarter. Finally, Waystone Advisors LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $1,018,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2%

NASDAQ TLT opened at $82.19 on Wednesday. The firm’s 50 day moving average is $84.68 and its 200-day moving average is $86.17. The company has a market capitalization of $41.40 billion, a PE ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 12-month low of $81.89 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a $0.3305 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

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.