Commonwealth Equity Services LLC Grows Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Commonwealth Equity Services LLC lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,748,635 shares of the exchange traded fund’s stock after buying an additional 354,610 shares during the period. Commonwealth Equity Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $171,541,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TLT. McAdam LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 43.9% during the second quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after buying an additional 5,893 shares during the period. Saxon Interests Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.4% in the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after buying an additional 1,355 shares in the last quarter. Riverwater Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $223,000. Vontobel Holding Ltd. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after acquiring an additional 36,070 shares in the last quarter. Finally, Hancock Whitney Corp acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $1,674,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1 %

Shares of TLT stock traded up $0.07 during trading hours on Friday, reaching $93.87. 25,258,632 shares of the company’s stock were exchanged, compared to its average volume of 39,481,117. The company has a market cap of $58.73 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $101.64. The stock’s 50 day moving average is $97.64 and its 200-day moving average is $93.93.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date was Tuesday, September 3rd.

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.