Cadent Capital Advisors LLC Sells 165,379 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Cadent Capital Advisors LLC cut its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 98.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,356 shares of the exchange traded fund’s stock after selling 165,379 shares during the period. Cadent Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $300,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC grew its position in iShares 20+ Year Treasury Bond ETF by 130.9% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares during the last quarter. Clearstead Trust LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth $25,000. Ameritas Investment Partners Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth $33,000. Caldwell Trust Co acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at $36,000. Finally, Kilter Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $37,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6%

Shares of NASDAQ TLT opened at $88.00 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09. The firm’s 50-day simple moving average is $89.43 and its 200 day simple moving average is $88.26. The company has a market cap of $48.20 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.3424 per share. This represents a c) annualized dividend and a dividend yield of 4.7%. 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 was Friday, December 19th.

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.