iShares 20+ Year Treasury Bond ETF $TLT Stock Position Lowered by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 50.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 257,492 shares of the exchange traded fund’s stock after selling 261,381 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $20,028,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. LGL Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at $776,000. Belvedere Trading LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $2,823,000. Waverly Advisors LLC lifted its holdings 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 purchasing an additional 10,009 shares in the last quarter. HighTower Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 30.1% in the 2nd quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock worth $90,949,000 after purchasing an additional 243,793 shares during the period. Finally, Tidal Investments LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 457.8% in the 2nd quarter. Tidal Investments LLC now owns 76,413 shares of the exchange traded fund’s stock worth $6,578,000 after purchasing an additional 62,713 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.8%

TLT stock opened at $81.76 on Thursday. The firm has a market capitalization of $47.58 billion, a PE ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a twelve month low of $76.43 and a twelve month high of $90.86. The stock has a 50-day simple moving average of $80.43 and a two-hundred day simple moving average of $84.55.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a $0.3432 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. This represents a $4.12 dividend on an annualized basis and a dividend yield of 5.0%.

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.