Arvest Investments Inc. Decreases Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Arvest Investments Inc. lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 67.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,345 shares of the exchange traded fund’s stock after selling 57,866 shares during the quarter. Arvest Investments Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. J2 Capital Management Inc bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $657,000. Private Client Services LLC raised its position in iShares 20+ Year Treasury Bond ETF by 5.9% in the 3rd quarter. Private Client Services LLC now owns 45,952 shares of the exchange traded fund’s stock worth $4,107,000 after purchasing an additional 2,552 shares during the period. Stableford Capital II LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth $403,000. Goelzer Investment Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 4.7% during the third quarter. Goelzer Investment Management Inc. now owns 16,406 shares of the exchange traded fund’s stock valued at $1,466,000 after buying an additional 731 shares during the period. Finally, CPR Investments Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 14.4% during the third quarter. CPR Investments Inc. now owns 29,039 shares of the exchange traded fund’s stock valued at $2,595,000 after buying an additional 3,647 shares during the period. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.8%

Shares of NASDAQ:TLT opened at $87.55 on Monday. The stock has a market capitalization of $47.96 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock’s 50-day moving average price is $89.68 and its 200-day moving average price is $88.24. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.