PFG Investments LLC Sells 8,879 Shares of iShares 20+ Year Treasury Bond ETF $TLT

PFG Investments LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,173 shares of the exchange traded fund’s stock after selling 8,879 shares during the quarter. PFG Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,089,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Summer Road LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 200 shares during the period. Axiom Investment Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. BOK Financial Private Wealth Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $37,000. Finally, WFA of San Diego LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $46,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6%

TLT opened at $82.59 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $81.89 and a twelve month high of $92.18. The company has a fifty day moving average of $84.56 and a 200-day moving average of $86.10. The stock has a market cap of $41.60 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.3305 per share. 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.