Hobbs Group Advisors LLC Sells 296 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Hobbs Group Advisors LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,354 shares of the exchange traded fund’s stock after selling 296 shares during the quarter. Hobbs Group Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,179,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Johnson Bixby & Associates LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the second quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 233 shares during the period. Checchi Capital Advisers LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the first quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock worth $13,828,000 after purchasing an additional 65,366 shares during the period. Tempus Wealth Planning LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 75.5% during the second quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock worth $1,230,000 after purchasing an additional 5,993 shares during the period. Sunpointe LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $276,000. Finally, Golden State Wealth Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.1% during the first quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 307 shares during the period. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.6%

Shares of TLT opened at $90.62 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $95.62. The firm’s 50 day moving average is $88.26 and its 200-day moving average is $87.49. The stock has a market capitalization of $49.82 billion, a PE ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3104 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.