Arkadios Wealth Advisors Grows Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Arkadios Wealth Advisors lifted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 43.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,373 shares of the exchange traded fund’s stock after acquiring an additional 13,490 shares during the quarter. Arkadios Wealth Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $4,353,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Wealthcare Advisory Partners LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 17.4% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,868 shares of the exchange traded fund’s stock valued at $934,000 after purchasing an additional 1,459 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 53.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 121,685 shares of the exchange traded fund’s stock valued at $11,514,000 after purchasing an additional 42,317 shares during the last quarter. Financial Management Professionals Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $48,000. Foguth Wealth Management LLC. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $587,000. Finally, Founders Financial Securities LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 14.0% in the first quarter. Founders Financial Securities LLC now owns 7,074 shares of the exchange traded fund’s stock valued at $669,000 after purchasing an additional 867 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT traded down $0.52 during midday trading on Friday, reaching $92.14. 28,667,060 shares of the stock were exchanged, compared to its average volume of 39,378,449. The stock has a market capitalization of $59.31 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.24 and a twelve month high of $101.64. The company has a 50 day simple moving average of $97.14 and a 200 day simple moving average of $93.94.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

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.