Golden State Equity Partners Takes $2.44 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Golden State Equity Partners acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,907 shares of the exchange traded fund’s stock, valued at approximately $2,443,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bleakley Financial Group LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 3.5% during the first quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after purchasing an additional 121 shares in the last quarter. 49 Wealth Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.4% during the 1st quarter. 49 Wealth Management LLC now owns 2,418 shares of the exchange traded fund’s stock worth $224,000 after purchasing an additional 124 shares during the last quarter. Trivant Custom Portfolio Group LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 4.0% during the 2nd quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 127 shares during the last quarter. Crewe Advisors LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 22.4% in the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 135 shares during the period. Finally, Institute for Wealth Management LLC. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 3.8% in the second quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock valued at $341,000 after purchasing an additional 136 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock traded up $1.00 during trading on Wednesday, reaching $93.03. The company had a trading volume of 6,036,571 shares, compared to its average volume of 39,216,559. The firm’s 50-day simple moving average is $96.89 and its 200 day simple moving average is $94.01. The firm has a market capitalization of $59.36 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.55 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.3128 dividend. The ex-dividend date was Tuesday, September 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.