Sovereign Financial Group Inc. Sells 508 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Sovereign Financial Group Inc. trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 5,003 shares of the exchange traded fund’s stock after selling 508 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $473,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Future Financial Wealth Managment LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 20.8% in the first quarter. Future Financial Wealth Managment LLC now owns 5,800 shares of the exchange traded fund’s stock valued at $549,000 after acquiring an additional 1,000 shares in the last quarter. Sunbelt Securities Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 61.5% during the 1st quarter. Sunbelt Securities Inc. now owns 45,179 shares of the exchange traded fund’s stock valued at $4,275,000 after acquiring an additional 17,197 shares in the last quarter. Ehrlich Financial Group raised its position in shares of iShares 20+ Year Treasury Bond ETF by 278.4% in the 1st quarter. Ehrlich Financial Group now owns 25,313 shares of the exchange traded fund’s stock worth $2,395,000 after acquiring an additional 18,623 shares in the last quarter. Disciplined Investments LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $727,000. Finally, Sound Income Strategies LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 389.9% in the first quarter. Sound Income Strategies LLC now owns 22,535 shares of the exchange traded fund’s stock worth $2,132,000 after purchasing an additional 17,935 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.4 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $93.52 on Friday. The business has a fifty day simple moving average of $91.30 and a two-hundred day simple moving average of $93.48. The firm has a market capitalization of $47.78 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $103.84.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.3083 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.70 annualized dividend and a dividend yield of 3.96%.

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.