iShares 20+ Year Treasury Bond ETF $TLT Stock Sold by Investment House LLC

Investment House LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 37.0% in the third quarter, HoldingsChannel.com reports. The fund owned 23,124 shares of the exchange traded fund’s stock after selling 13,576 shares during the period. Investment House LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,799,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. LGL Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $776,000. Belvedere Trading LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $2,823,000. Waverly Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 38.3% during the 2nd quarter. Waverly Advisors LLC now owns 36,173 shares of the exchange traded fund’s stock worth $3,126,000 after buying an additional 10,009 shares during the period. Tidal Investments LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 457.8% during the second quarter. Tidal Investments LLC now owns 76,413 shares of the exchange traded fund’s stock worth $6,578,000 after acquiring an additional 62,713 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% during the second quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock worth $479,702,000 after acquiring an additional 860,164 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 1.9%

TLT stock opened at $81.74 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $76.43 and a 1-year high of $92.18. The firm has a market cap of $47.79 billion, a PE ratio of -6.75 and a beta of 0.52. The business’s 50-day moving average price is $80.57 and its two-hundred day moving average price is $83.50.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.3116 per share. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st. This represents a $3.74 annualized dividend and a dividend yield of 4.6%.

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.