Foundations Investment Advisors LLC Has $37.11 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Foundations Investment Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 378,301 shares of the exchange traded fund’s stock after buying an additional 12,766 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $37,111,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. McAdam LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after purchasing an additional 5,893 shares in the last quarter. Saxon Interests Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 28.4% in the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 1,355 shares during the period. Riverwater Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth $223,000. Vontobel Holding Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after buying an additional 36,070 shares during the period. Finally, Hancock Whitney Corp acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $1,674,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $92.23 on Tuesday. The company has a 50-day moving average of $97.55 and a 200-day moving average of $93.95. 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 $59.57 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 declared 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.

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.