Dynasty Wealth Management LLC Sells 197,156 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Dynasty Wealth Management LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 855,851 shares of the exchange traded fund’s stock after selling 197,156 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.0% of Dynasty Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding. Dynasty Wealth Management LLC owned approximately 0.16% of iShares 20+ Year Treasury Bond ETF worth $76,487,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TLT. Clearstead Trust LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $25,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 161 shares in the last quarter. Ameritas Investment Partners Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $33,000. Caldwell Trust Co bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $36,000. Finally, Kilter Group LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth $37,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6%

Shares of NASDAQ TLT opened at $87.80 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09. The stock’s fifty day simple moving average is $88.38 and its two-hundred day simple moving average is $88.38. The stock has a market capitalization of $46.77 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3424 per share. The ex-dividend date of this dividend was 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 yield of 4.7%.

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. 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.