Allworth Financial LP Reduces Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Allworth Financial LP has decreased its stake in the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 29.8% during the third quarter, as highlighted in its latest 13F filing with the Securities and Exchange Commission (SEC). Following this reduction, the fund now holds 6,200 shares of the ETF after selling 2,626 shares throughout the quarter. At the end of this reporting period, Allworth Financial LP’s total holdings in the iShares 20+ Year Treasury Bond ETF were valued at approximately $608,000.

Several other investment firms have also made adjustments to their positions in the iShares 20+ Year Treasury Bond ETF. For instance, Motco made a new investment in the ETF during the first quarter, amounting to around $32,000. Similarly, ORG Wealth Partners LLC initiated a position in the ETF in the third quarter, investing approximately $35,000. Other notable investments include Thurston Springer Miller Herd & Titak Inc. and Riggs Asset Management Co. Inc., both purchasing new stakes worth about $34,000 and $35,000 respectively in the second quarter. Lastly, Palisade Asset Management LLC acquired shares in the first quarter for approximately $37,000. Overall, institutional investors and hedge funds hold a significant portion of the company's stock, accounting for 73.32% of total shares.

iShares 20+ Year Treasury Bond ETF Market Performance

As of Wednesday, the iShares 20+ Year Treasury Bond ETF opened at a price of $92.03. The ETF has maintained a 50-day simple moving average of $96.89 and a 200-day simple moving average of $94.01. Its trading history reveals a fifty-two week low of $83.24 and a fifty-two week high of $101.64. The ETF boasts a market capitalization of $58.72 billion, accompanied by a P/E ratio of -7.14 and a beta of 0.06.

Recent Dividend Announcement

The iShares 20+ Year Treasury Bond ETF has recently announced a dividend, which was issued on September 6th. Shareholders of record from September 3rd received a dividend payout of $0.3128 per share, with the ex-dividend date aligned to the same date.

Overview of iShares 20+ Year Treasury Bond ETF

The iShares 20+ Year Treasury Bond ETF, often referred to simply as the Fund, operates as an exchange-traded fund. Its primary objective is to replicate the investment results of an index composed of U.S. Treasury bonds that have remaining maturities exceeding 20 years. Specifically, the ETF seeks to follow the performance of the Barclays U.S. 20+ Year Treasury Bond Index, which measures the efficiency of public obligations issued by the United States Treasury with remaining maturities of 20 years or more.

investment, funds, bonds