Cassaday & Co Wealth Management LLC Sells 60,930 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Cassaday & Co Wealth Management LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 66.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,149 shares of the exchange traded fund’s stock after selling 60,930 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,694,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. Clearstead Trust LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $25,000. Cary Street Partners Investment Advisory LLC lifted its holdings in 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 worth $25,000 after buying an additional 161 shares during the period. Greykasell Wealth Strategies Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Ameritas Investment Partners Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $33,000. Finally, First Command Advisory Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.71 on Tuesday. The business has a 50 day moving average of $87.76 and a 200 day moving average of $88.61. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.09. The company has a market cap of $46.55 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.3319 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

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.