Prime Capital Investment Advisors LLC Has $1.47 Million Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Prime Capital Investment Advisors LLC decreased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 40.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,705 shares of the exchange traded fund’s stock after selling 11,504 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,474,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. NBC Securities Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $25,000. Byrne Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $26,000. Proathlete Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $28,000. Coastline Trust Co acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $32,000. Finally, First Pacific Financial acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $38,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.25 on Thursday. The business has a fifty day simple moving average of $88.16 and a two-hundred day simple moving average of $87.50. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $95.62. The company has a market capitalization of $48.55 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.3104 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.