Prevail Innovative Wealth Advisors LLC Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Prevail Innovative Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 76,616 shares of the exchange traded fund’s stock, valued at approximately $6,847,000. iShares 20+ Year Treasury Bond ETF makes up 1.3% of Prevail Innovative Wealth Advisors LLC’s holdings, making the stock its 13th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TLT. Cary Street Partners Investment Advisory LLC raised its position in iShares 20+ Year Treasury Bond ETF by 130.9% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares in the last quarter. Clearstead Trust LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $25,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $27,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $33,000. Finally, First Command Advisory Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4%

Shares of TLT opened at $88.46 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The company has a 50-day simple moving average of $88.26 and a 200-day simple moving average of $88.82. The company has a market capitalization of $45.90 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.