Milestones Private Investment Advisors LLC Makes New $4.74 Million Investment in iShares 20+ Year Treasury Bond ETF $TLT

Milestones Private Investment Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, Holdings Channel reports. The institutional investor bought 53,729 shares of the exchange traded fund’s stock, valued at approximately $4,742,000. iShares 20+ Year Treasury Bond ETF accounts for 3.5% of Milestones Private Investment Advisors LLC’s holdings, making the stock its 4th largest holding.

Other hedge funds have also made changes to their positions in the company. Adapt Wealth Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 3.3% during the second quarter. Adapt Wealth Advisors LLC now owns 123,095 shares of the exchange traded fund’s stock valued at $10,863,000 after purchasing an additional 3,879 shares in the last quarter. Johnson Bixby & Associates LLC grew its holdings 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 in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.8% during the 2nd quarter. Advisors Asset Management Inc. now owns 8,971 shares of the exchange traded fund’s stock valued at $792,000 after acquiring an additional 570 shares in the last quarter. Tempus Wealth Planning LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 75.5% in the second quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock worth $1,230,000 after acquiring an additional 5,993 shares during the last quarter. Finally, Sunpointe LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $276,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.0%

TLT opened at $87.34 on Monday. The stock has a market cap of $47.84 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The stock has a fifty day moving average price of $89.84 and a 200 day moving average price of $88.17.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were issued a dividend of $0.3206 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, December 1st.

About iShares 20+ Year Treasury Bond ETF

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.