MMA Asset Management LLC Sells 2,508 Shares of iShares 20+ Year Treasury Bond ETF $TLT

MMA Asset Management LLC decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.1% during the second quarter, HoldingsChannel reports. The firm owned 15,303 shares of the exchange traded fund’s stock after selling 2,508 shares during the quarter. MMA Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,350,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of TLT. MassMutual Private Wealth & Trust FSB boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV boosted its stake in iShares 20+ Year Treasury Bond ETF by 416.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 416 shares in the last quarter. Rossby Financial LCC bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $51,000. Harbor Investment Advisory LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 1,477.5% during the second quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock worth $56,000 after acquiring an additional 591 shares in the last quarter. Finally, Centennial Bank AR bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $63,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $90.29 on Monday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.85. The company’s 50-day simple moving average is $89.49 and its 200 day simple moving average is $87.66. The firm has a market capitalization of $49.60 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be paid a dividend of $0.3251 per share. The ex-dividend date of this dividend is Monday, November 3rd. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) annualized dividend and a yield of 4.3%.

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.