iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Position Cut by Beam Wealth Advisors Inc.

Beam Wealth Advisors Inc. decreased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,971 shares of the exchange traded fund’s stock after selling 188 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 1.1% of Beam Wealth Advisors Inc.’s holdings, making the stock its 21st biggest position. Beam Wealth Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,529,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares in the last quarter. Jane Street Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 49.1% during the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after purchasing an additional 814,240 shares during the period. Cibc World Market Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after acquiring an additional 1,511,435 shares in the last quarter. Finally, LPL Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 7.9% during the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after purchasing an additional 359,489 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.3 %

TLT opened at $92.49 on Monday. The stock has a market cap of $59.92 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $86.74 and a 1 year high of $101.64. The stock has a fifty day moving average price of $95.92 and a 200 day moving average price of $94.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a dividend yield of 4.03%. The ex-dividend date was Friday, November 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 20+ Year Treasury Bond ETF

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.