Sound Income Strategies LLC Cuts Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Sound Income Strategies LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 82.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,889 shares of the exchange traded fund’s stock after selling 18,646 shares during the period. Sound Income Strategies LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $357,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Psagot Value Holdings Ltd. Israel acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $25,000. Bfsg LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% in the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 294 shares during the last quarter. Motco purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $37,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.0 %

Shares of NASDAQ TLT traded up $0.94 during midday trading on Friday, reaching $96.26. 32,141,763 shares of the stock were exchanged, compared to its average volume of 40,851,957. The stock has a 50 day moving average price of $93.49 and a 200-day moving average price of $92.68. The company has a market capitalization of $57.06 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $100.57.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.3149 dividend. The ex-dividend date was Thursday, August 1st.

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.