Midwest Capital Advisors LLC Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Midwest Capital Advisors LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 71.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,375 shares of the exchange traded fund’s stock after selling 3,480 shares during the quarter. Midwest Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 38,017,057 shares of the exchange traded fund’s stock worth $3,460,693,000 after buying an additional 374,811 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 200.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock valued at $3,281,866,000 after purchasing an additional 71,888,500 shares in the last quarter. Harvest Portfolios Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 19.7% in the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock valued at $331,229,000 after purchasing an additional 599,149 shares in the last quarter. Simplex Trading LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $278,367,000. Finally, Raymond James Financial Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2.7% in the 1st quarter. Raymond James Financial Inc. now owns 2,881,751 shares of the exchange traded fund’s stock valued at $262,326,000 after purchasing an additional 74,660 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

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 twelve month low of $83.29 and a twelve month high of $95.62. The stock’s 50 day moving average is $88.26 and its two-hundred day moving average is $87.49. The firm 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 firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3104 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 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.