Park Place Capital Corp Sells 440 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Park Place Capital Corp lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 44.0% in the second quarter, Holdings Channel.com reports. The institutional investor owned 559 shares of the exchange traded fund’s stock after selling 440 shares during the period. Park Place Capital Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $49,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in TLT. NBC Securities Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $25,000. Byrne Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $26,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $28,000. Coastline Trust Co bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $32,000. Finally, First Pacific Financial bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $38,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3%

TLT opened at $89.37 on Wednesday. The company has a fifty day simple moving average of $87.82 and a 200 day simple moving average of $87.54. The stock has a market cap of $49.97 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $99.33.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were issued a dividend of $0.3281 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Tuesday, September 2nd.

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.