Assetmark Inc. Sells 197,702 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Assetmark Inc. lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,430,487 shares of the exchange traded fund’s stock after selling 197,702 shares during the period. Assetmark Inc. owned about 0.27% of iShares 20+ Year Treasury Bond ETF worth $124,681,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Greykasell Wealth Strategies Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth $27,000. Strategic Investment Advisors MI purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth $27,000. First Command Advisory Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth $33,000. Smartleaf Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth $33,000. Finally, Trust Co. of Vermont boosted its position in iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3%

TLT stock opened at $86.75 on Tuesday. The stock’s fifty day simple moving average is $87.86 and its two-hundred day simple moving average is $88.57. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $92.18. The stock has a market cap of $42.27 billion, a P/E ratio of -6.75 and a beta of 0.57.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a $0.3448 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Wednesday, April 1st.

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.