CFS Investment Advisory Services LLC Sells 9,956 Shares of iShares 20+ Year Treasury Bond ETF $TLT

CFS Investment Advisory Services LLC reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,690 shares of the exchange traded fund’s stock after selling 9,956 shares during the period. CFS Investment Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,618,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Yoder Wealth Management Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.4% in the 3rd quarter. Yoder Wealth Management Inc. now owns 29,867 shares of the exchange traded fund’s stock worth $2,669,000 after purchasing an additional 109 shares during the last quarter. Mather Group LLC. boosted its position in iShares 20+ Year Treasury Bond ETF by 3.4% in the third quarter. Mather Group LLC. now owns 3,538 shares of the exchange traded fund’s stock valued at $316,000 after buying an additional 115 shares in the last quarter. Empirical Asset Management LLC grew its stake in 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 buying an additional 117 shares during the last quarter. SteelPeak Wealth LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 3.3% during the third quarter. SteelPeak Wealth LLC now owns 3,705 shares of the exchange traded fund’s stock worth $331,000 after buying an additional 118 shares during the last quarter. Finally, GWN Securities Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.1% during the third quarter. GWN Securities Inc. now owns 5,947 shares of the exchange traded fund’s stock worth $532,000 after buying an additional 122 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

NASDAQ:TLT opened at $88.35 on Tuesday. The stock has a market capitalization of $45.98 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.09. The firm has a 50 day moving average of $88.19 and a 200-day moving average of $88.41.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.3424 per share. The ex-dividend date was Friday, December 19th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend 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.