Stonebridge Financial Group LLC Boosts Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Stonebridge Financial Group LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.0% in the second quarter, HoldingsChannel reports. The fund owned 6,684 shares of the exchange traded fund’s stock after purchasing an additional 660 shares during the quarter. Stonebridge Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $590,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $25,000. Byrne Asset Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $26,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $28,000. Coastline Trust Co purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $32,000. Finally, First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $38,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1%

NASDAQ TLT opened at $89.18 on Friday. The company has a fifty day simple moving average of $88.21 and a two-hundred day simple moving average of $87.49. The stock has a market cap of $48.51 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 $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3104 dividend. 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 Company 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.