Joule Financial LLC Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Joule Financial LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 46.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,601 shares of the exchange traded fund’s stock after purchasing an additional 10,092 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.1% of Joule Financial LLC’s portfolio, making the stock its 12th biggest holding. Joule Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,100,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Motco bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $34,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $35,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Finally, Anfield Capital Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT traded up $0.27 on Friday, hitting $94.07. The stock had a trading volume of 5,420,576 shares, compared to its average volume of 39,383,258. The firm has a 50-day moving average of $97.69 and a 200-day moving average of $93.92. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $101.64. The company has a market capitalization of $58.86 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.3128 dividend. 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.