Town Capital LLC Makes New $545,000 Investment in iShares 20+ Year Treasury Bond ETF $TLT

Town Capital LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,309 shares of the exchange traded fund’s stock, valued at approximately $545,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.3% of Town Capital LLC’s holdings, making the stock its 22nd biggest position.

Several other institutional investors have also made changes to their positions in TLT. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $31,000. Summer Road LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 117.6% in the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 200 shares during the period. Axiom Investment Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. BOK Financial Private Wealth Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $37,000. Finally, WFA of San Diego LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $46,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.7%

Shares of NASDAQ:TLT opened at $82.04 on Friday. The company’s fifty day moving average is $84.50 and its two-hundred day moving average is $86.07. iShares 20+ Year Treasury Bond ETF has a 12-month low of $81.82 and a 12-month high of $92.18. The company has a market cap of $41.32 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.3305 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.