Nationwide Fund Advisors Has $89.10 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Nationwide Fund Advisors decreased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.4% in the second quarter, HoldingsChannel reports. The fund owned 1,009,646 shares of the exchange traded fund’s stock after selling 420,996 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 5.0% of Nationwide Fund Advisors’ portfolio, making the stock its 7th largest holding. Nationwide Fund Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $89,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Johnson Bixby & Associates LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock valued at $219,000 after acquiring an additional 233 shares during the period. Checchi Capital Advisers LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock valued at $13,828,000 after acquiring an additional 65,366 shares during the period. Tempus Wealth Planning LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock valued at $1,230,000 after acquiring an additional 5,993 shares during the period. Sunpointe LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $276,000. Finally, Golden State Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 5.1% in the 1st quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock worth $579,000 after buying an additional 307 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.18 on Friday. The company has a market capitalization of $48.51 billion, a P/E ratio of -6.75 and a beta of 0.06. The company has a fifty day moving average of $88.21 and a 200 day moving average of $87.49. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.