Nwam LLC Has $5.75 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Nwam LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 328.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 62,945 shares of the exchange traded fund’s stock after buying an additional 48,266 shares during the period. Nwam LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,748,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $31,000. Summer Road LLC grew its holdings 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 purchasing an additional 200 shares during the period. Axiom Investment Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth $32,000. BOK Financial Private Wealth Inc. purchased 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 shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at $46,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4%

Shares of TLT stock opened at $82.52 on Tuesday. The stock has a market capitalization of $41.57 billion, a P/E ratio of -6.75 and a beta of 0.51. The firm’s 50 day moving average is $83.78 and its 200 day moving average is $85.68. iShares 20+ Year Treasury Bond ETF has a 12 month low of $81.17 and a 12 month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a $0.3147 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Tuesday, September 1st.

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. 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.