O Shaughnessy Asset Management LLC Sells 5,453 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

O Shaughnessy Asset Management LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,962 shares of the exchange traded fund’s stock after selling 5,453 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,831,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TLT. Wealthfront Advisers LLC grew its position in iShares 20+ Year Treasury Bond ETF by 1,901.0% during the 4th quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock worth $138,741,000 after acquiring an additional 1,509,302 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $68,474,000. University of Illinois Foundation grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 121.2% during the fourth quarter. University of Illinois Foundation now owns 1,405,528 shares of the exchange traded fund’s stock worth $122,745,000 after purchasing an additional 770,040 shares during the last quarter. US Bancorp DE increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 78.0% in the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after buying an additional 743,864 shares during the period. Finally, Rock Creek Group LP bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $56,549,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $92.85 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The firm’s 50 day simple moving average is $89.95 and its 200 day simple moving average is $91.10. The company has a market cap of $52.76 billion, a PE ratio of -7.38 and a beta of 0.47.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.3256 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.21%.

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.