Smith & Howard Wealth Management LLC Has $2.34 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Smith & Howard Wealth Management LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,806 shares of the exchange traded fund’s stock after selling 3,000 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 0.7% of Smith & Howard Wealth Management LLC’s portfolio, making the stock its 27th largest position. Smith & Howard Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,335,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of TLT. Motco acquired a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $34,000. Riggs Asset Managment Co. Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $35,000. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. Finally, Anfield Capital Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at $36,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $92.14 on Friday. The firm has a market cap of $59.31 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50-day simple moving average is $97.14 and its 200-day simple moving average is $93.94. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.24 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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