FORM Wealth Advisors LLC Sells 65,264 Shares of iShares 20+ Year Treasury Bond ETF $TLT

FORM Wealth Advisors LLC cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 179,900 shares of the exchange traded fund’s stock after selling 65,264 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 1.7% of FORM Wealth Advisors LLC’s holdings, making the stock its 11th biggest holding. FORM Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,547,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of TLT. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $31,000. Summer Road LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. Axiom Investment Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $32,000. BOK Financial Private Wealth Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $37,000. Finally, WFA of San Diego LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth $46,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

NASDAQ TLT opened at $82.19 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $81.89 and a 12 month high of $92.18. The stock’s fifty day moving average price is $84.68 and its 200-day moving average price is $86.17. The stock has a market cap of $41.40 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders 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.