iShares 20+ Year Treasury Bond ETF $TLT Position Trimmed by Prospera Financial Services Inc

Prospera Financial Services Inc cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 159,362 shares of the exchange traded fund’s stock after selling 12,914 shares during the quarter. Prospera Financial Services Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,064,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after acquiring an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 409.3% in the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after buying an additional 40,863 shares in the last quarter. Genus Capital Management Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 733.4% during the 1st quarter. Genus Capital Management Inc. now owns 55,082 shares of the exchange traded fund’s stock valued at $5,014,000 after buying an additional 63,778 shares during the period. WESPAC Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $1,647,000. Finally, Diversify Wealth Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 39.6% in the first quarter. Diversify Wealth Management LLC now owns 6,404 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 1,817 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of NASDAQ:TLT opened at $89.57 on Friday. The firm has a market cap of $49.07 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.85. The business has a fifty day simple moving average of $89.77 and a 200 day simple moving average of $87.74.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.3251 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, November 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.