Braun Bostich & Associates Inc. Has $9.01 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Braun Bostich & Associates Inc. reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 103,313 shares of the exchange traded fund’s stock after selling 6,550 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 5.6% of Braun Bostich & Associates Inc.’s holdings, making the stock its biggest holding. Braun Bostich & Associates Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,005,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of TLT. Worth Asset Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $6,650,000. Wealthcare Advisory Partners LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 15.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 22,319 shares of the exchange traded fund’s stock valued at $1,945,000 after buying an additional 2,977 shares during the period. Pallas Capital Advisors LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 11.9% in the 4th quarter. Pallas Capital Advisors LLC now owns 82,723 shares of the exchange traded fund’s stock valued at $7,210,000 after buying an additional 8,766 shares during the period. Dakota Wealth Management raised its position in shares of iShares 20+ Year Treasury Bond ETF by 43.7% in the 4th quarter. Dakota Wealth Management now owns 208,694 shares of the exchange traded fund’s stock valued at $18,190,000 after buying an additional 63,448 shares in the last quarter. Finally, Sharkey Howes & Javer raised its position in shares of iShares 20+ Year Treasury Bond ETF by 30.1% in the 4th quarter. Sharkey Howes & Javer now owns 234,820 shares of the exchange traded fund’s stock valued at $20,467,000 after buying an additional 54,297 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.64 on Friday. The company has a market cap of $44.44 billion, a PE ratio of -6.75 and a beta of 0.53. The company has a 50 day moving average of $88.04 and a 200-day moving average of $88.80. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, March 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.