Integrated Wealth Concepts LLC Has $5.35 Million Stake in iShares 20+ Year Treasury Bond ETF $TLT

Integrated Wealth Concepts LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 61,871 shares of the exchange traded fund’s stock after selling 12,582 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,347,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $31,000. Summer Road LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 117.6% in 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 in the last quarter. Axiom Investment Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $32,000. BOK Financial Private Wealth Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $37,000. Finally, WFA of San Diego LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $46,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

TLT stock opened at $80.87 on Friday. The stock has a market capitalization of $40.73 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 12 month low of $80.67 and a 12 month high of $92.18. The firm has a 50-day moving average price of $82.92 and a 200-day moving average price of $85.23.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a $0.3147 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Tuesday, September 1st.

iShares 20+ Year Treasury Bond ETF Company 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.