iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Bruce G. Allen Investments LLC

Bruce G. Allen Investments LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 89.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,096 shares of the exchange traded fund’s stock after selling 9,179 shares during the period. Bruce G. Allen Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $96,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $35,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $42,000. ST Germain D J Co. Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares during the last quarter. CarsonAllaria Wealth Management Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $59,000. Finally, PSI Advisors LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 58.4% in the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 241 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7 %

TLT traded down $0.60 on Friday, hitting $85.43. 35,413,650 shares of the company’s stock were exchanged, compared to its average volume of 33,384,754. The stock has a fifty day moving average of $90.33 and a two-hundred day moving average of $93.79. iShares 20+ Year Treasury Bond ETF has a twelve month low of $85.16 and a twelve month high of $101.64. The firm has a market cap of $49.17 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 Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.