SlateStone Wealth LLC Reduces Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

SlateStone Wealth LLC reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 142,791 shares of the exchange traded fund’s stock after selling 44,763 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 1.0% of SlateStone Wealth LLC’s investment portfolio, making the stock its 27th biggest position. SlateStone Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,446,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after purchasing an additional 1,418,641 shares during the period. Assetmark Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 652.3% in the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after purchasing an additional 1,411,767 shares during the period. Cibc World Market Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 429.3% in the 3rd quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock worth $133,217,000 after purchasing an additional 1,208,976 shares during the period. Prudential PLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 104.9% in the 3rd quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock worth $93,536,000 after purchasing an additional 535,870 shares during the period. Finally, IFP Advisors Inc lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 282.2% in the 4th quarter. IFP Advisors Inc now owns 480,682 shares of the exchange traded fund’s stock worth $41,896,000 after purchasing an additional 354,906 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 Trading Up 0.2%

NASDAQ:TLT opened at $85.50 on Friday. The company has a 50-day moving average price of $85.84 and a 200-day moving average price of $87.38. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18. The stock has a market cap of $42.54 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3358 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.7%. This is a positive change 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.