American Asset Management Inc. Sells 2,738 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

American Asset Management Inc. reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,036 shares of the exchange traded fund’s stock after selling 2,738 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 22.9% of American Asset Management Inc.’s portfolio, making the stock its 2nd largest holding. American Asset Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,277,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TLT. Psagot Value Holdings Ltd. Israel acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $25,000. Bfsg LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% during the 1st quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 294 shares during the last quarter. Motco acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Finally, Palisade Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT traded up $0.35 during mid-day trading on Monday, reaching $96.61. The stock had a trading volume of 24,194,014 shares, compared to its average volume of 40,744,227. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $100.57. The firm has a market cap of $57.27 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business’s fifty day moving average is $93.59 and its 200 day moving average is $92.70.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a $0.3149 dividend. The ex-dividend date of this dividend was Thursday, August 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.