Coordinated Financial Services Inc. Acquires Shares of 3,643 iShares 20+ Year Treasury Bond ETF $TLT

Coordinated Financial Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the second quarter, HoldingsChannel reports. The institutional investor acquired 3,643 shares of the exchange traded fund’s stock, valued at approximately $322,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $25,000. Byrne Asset Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $26,000. Proathlete Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $28,000. Coastline Trust Co bought a new position in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $32,000. Finally, First Pacific Financial acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $38,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1%

Shares of NASDAQ:TLT opened at $89.18 on Friday. The firm’s 50 day moving average is $88.21 and its two-hundred day moving average is $87.49. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $95.62. The firm has a market capitalization of $48.51 billion, a P/E ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3104 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Wednesday, October 1st.

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.