Investment House LLC Lowers Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Investment House LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 83.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,832 shares of the exchange traded fund’s stock after selling 43,838 shares during the period. Investment House LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $789,000 as of its most recent SEC filing.

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

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $87.93 on Monday. The company’s 50-day simple moving average is $88.21 and its 200-day simple moving average is $88.40. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The stock has a market capitalization of $46.26 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced 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 a positive change 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%.

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. 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.