Avidian Wealth Enterprises LLC Sells 1,653 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Avidian Wealth Enterprises LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,859 shares of the exchange traded fund’s stock after selling 1,653 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $967,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $32,000. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $34,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $35,000. Finally, Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $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 opened at $90.20 on Thursday. The business’s fifty day moving average is $96.13 and its 200 day moving average is $94.09. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $86.74 and a fifty-two week high of $101.64. The company has a market capitalization of $58.43 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date was Friday, November 1st.

iShares 20+ Year Treasury Bond ETF Company 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.