Bbjs Financial Advisors LLC Boosts Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Bbjs Financial Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2,887.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,965 shares of the exchange traded fund’s stock after buying an additional 28,962 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.0% of Bbjs Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Bbjs Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,940,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Boomfish Wealth Group LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 317.9% during the 3rd quarter. Boomfish Wealth Group LLC now owns 36,585 shares of the exchange traded fund’s stock worth $3,589,000 after buying an additional 27,831 shares in the last quarter. Creative Planning raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.8% in the 3rd quarter. Creative Planning now owns 93,547 shares of the exchange traded fund’s stock valued at $9,177,000 after purchasing an additional 781 shares in the last quarter. CX Institutional grew its position in shares of iShares 20+ Year Treasury Bond ETF by 6.9% in the 3rd quarter. CX Institutional now owns 309,444 shares of the exchange traded fund’s stock valued at $30,356,000 after buying an additional 20,079 shares during the last quarter. Empirical Asset Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 2.5% in the 3rd quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 152 shares during the last quarter. Finally, ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock traded up $1.20 during midday trading on Tuesday, hitting $94.97. 29,847,508 shares of the company’s stock were exchanged, compared to its average volume of 39,477,742. The stock has a market cap of $58.98 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50 day simple moving average is $97.76 and its 200 day simple moving average is $93.91. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders 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.