Envestnet Portfolio Solutions Inc. Raises Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Envestnet Portfolio Solutions Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2,830.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 685,649 shares of the exchange traded fund’s stock after buying an additional 662,248 shares during the quarter. Envestnet Portfolio Solutions Inc. owned about 0.13% of iShares 20+ Year Treasury Bond ETF worth $59,254,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Triumph Capital Management lifted its holdings in iShares 20+ Year Treasury Bond ETF by 9.0% in the second quarter. Triumph Capital Management now owns 78,997 shares of the exchange traded fund’s stock valued at $6,827,000 after acquiring an additional 6,508 shares during the period. Merit Financial Group LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 100.3% during the 2nd quarter. Merit Financial Group LLC now owns 289,543 shares of the exchange traded fund’s stock worth $25,022,000 after purchasing an additional 144,965 shares in the last quarter. Clarity Financial LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.8% during the 2nd quarter. Clarity Financial LLC now owns 184,656 shares of the exchange traded fund’s stock worth $15,958,000 after purchasing an additional 41,280 shares during the period. Royal Fund Management LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.6% during the 2nd quarter. Royal Fund Management LLC now owns 208,015 shares of the exchange traded fund’s stock valued at $17,977,000 after acquiring an additional 7,283 shares during the period. Finally, Brown Wealth Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 9.6% during the second quarter. Brown Wealth Management LLC now owns 82,196 shares of the exchange traded fund’s stock worth $7,103,000 after purchasing an additional 7,218 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1%

Shares of TLT stock opened at $82.11 on Thursday. The stock has a market cap of $41.36 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $81.89 and a fifty-two week high of $92.18. The business has a fifty day simple moving average of $84.62 and a 200-day simple moving average of $86.14.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.3305 per share. The ex-dividend date was Monday, August 3rd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.