Archer Investment Management LLC Reduces Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Archer Investment Management LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,852 shares of the exchange traded fund’s stock after selling 25,737 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 3.4% of Archer Investment Management LLC’s investment portfolio, making the stock its 10th largest holding. Archer Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,528,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TLT. Empirical Asset Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.1% during the second quarter. Empirical Asset Management LLC now owns 5,737 shares of the exchange traded fund’s stock worth $506,000 after purchasing an additional 117 shares in the last quarter. Real Talk Capital LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the 1st quarter. Real Talk Capital LLC now owns 12,242 shares of the exchange traded fund’s stock worth $1,115,000 after purchasing an additional 129 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares during the last quarter. Whittier Trust Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.1% during the second quarter. Whittier Trust Co. now owns 2,732 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 133 shares during the period. Finally, D.B. Root & Company LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.4% during the first quarter. D.B. Root & Company LLC now owns 6,277 shares of the exchange traded fund’s stock valued at $571,000 after buying an additional 150 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $88.22 on Friday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The company has a market cap of $48.33 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The stock’s fifty day moving average price is $89.74 and its 200 day moving average price is $88.19.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be paid a $0.3424 dividend. The ex-dividend date is Friday, December 19th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.