Bright Futures Wealth Management LLC. Has $3.91 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Bright Futures Wealth Management LLC. reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 39,754 shares of the exchange traded fund’s stock after selling 2,939 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 1.8% of Bright Futures Wealth Management LLC.’s investment portfolio, making the stock its 7th largest position. Bright Futures Wealth Management LLC.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,907,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Rafferty Asset Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 134.1% in the fourth quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock valued at $3,615,731,000 after purchasing an additional 20,946,006 shares during the last quarter. Jane Street Group LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Assetmark Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 3,761.2% in the 4th quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock valued at $444,750,000 after buying an additional 4,381,387 shares during the last quarter. Annex Advisory Services LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 11,463.6% during the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after buying an additional 2,516,950 shares during the period. Finally, TD Asset Management Inc grew its holdings in iShares 20+ Year Treasury Bond ETF by 26.2% during the 4th quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock worth $963,038,000 after acquiring an additional 2,023,240 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $99.99 on Tuesday. The firm has a 50 day moving average price of $95.57 and a two-hundred day moving average price of $93.25. The stock has a market cap of $59.27 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 $100.78.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

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.