Concurrent Investment Advisors LLC Sells 20,970 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Concurrent Investment Advisors LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 502,876 shares of the exchange traded fund’s stock after selling 20,970 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 0.8% of Concurrent Investment Advisors LLC’s portfolio, making the stock its 17th biggest position. Concurrent Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $44,942,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Financial Network Wealth Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $73,000. TD Private Client Wealth LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 13.2% in the third quarter. TD Private Client Wealth LLC now owns 633,358 shares of the exchange traded fund’s stock worth $56,603,000 after buying an additional 73,807 shares during the period. Kiker Wealth Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 8.3% during the 3rd quarter. Kiker Wealth Management LLC now owns 70,456 shares of the exchange traded fund’s stock worth $6,297,000 after acquiring an additional 5,372 shares during the last quarter. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 13.9% during the 3rd quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 198,553 shares of the exchange traded fund’s stock worth $17,745,000 after acquiring an additional 24,162 shares during the last quarter. Finally, First Horizon Corp purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $5,510,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.67 on Tuesday. The stock’s fifty day moving average is $88.54 and its two-hundred day moving average is $88.36. 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 capitalization of $46.40 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.3424 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.