Smith Salley Wealth Management Acquires 1,308 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Smith Salley Wealth Management increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,136 shares of the exchange traded fund’s stock after purchasing an additional 1,308 shares during the period. Smith Salley Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,134,000 as of its most recent SEC filing.

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

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

TLT opened at $92.14 on Friday. The company has a fifty day simple moving average of $97.14 and a 200 day simple moving average of $93.96. The stock has a market cap of $59.31 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.24 and a 12 month high of $101.64.

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 of this dividend 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.