iShares 20+ Year Treasury Bond ETF $TLT is Bell Investment Advisors Inc’s 5th Largest Position

Bell Investment Advisors Inc increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.3% during the 3rd quarter, Holdings Channel reports. The firm owned 415,139 shares of the exchange traded fund’s stock after purchasing an additional 28,249 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 6.1% of Bell Investment Advisors Inc’s portfolio, making the stock its 5th biggest holding. Bell Investment Advisors Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $37,101,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Commonwealth Financial Corp PA purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $484,000. Sunbelt Securities Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 6.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 13,321 shares of the exchange traded fund’s stock valued at $1,190,000 after buying an additional 800 shares in the last quarter. Captrust Financial Advisors raised its position in shares of iShares 20+ Year Treasury Bond ETF by 25.6% during the 3rd quarter. Captrust Financial Advisors now owns 93,124 shares of the exchange traded fund’s stock valued at $8,323,000 after buying an additional 18,972 shares in the last quarter. Dorsey Wright & Associates bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $519,000. Finally, Financial Engines Advisors L.L.C. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 182.6% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 141,884 shares of the exchange traded fund’s stock worth $12,680,000 after acquiring an additional 91,674 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $87.45 on Wednesday. The firm has a market capitalization of $45.38 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The firm has a fifty day moving average of $88.28 and a 200 day moving average of $88.87.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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. 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.