Brookstone Capital Management Sells 46,489 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Brookstone Capital Management lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 27.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 122,472 shares of the exchange traded fund’s stock after selling 46,489 shares during the period. Brookstone Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,675,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second 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 last quarter. Greykasell Wealth Strategies Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $27,000. Strategic Investment Advisors MI bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $27,000. Smartleaf Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $33,000. Finally, First Command Advisory Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $33,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $86.69 on Wednesday. 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 firm has a market cap of $44.98 billion, a P/E ratio of -6.75 and a beta of 0.53. The business’s 50 day moving average price is $88.02 and its 200-day moving average price is $88.74.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.3006 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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.