Strategic Investment Solutions Inc. IL Sells 6,373 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Strategic Investment Solutions Inc. IL decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,662 shares of the exchange traded fund’s stock after selling 6,373 shares during the period. Strategic Investment Solutions Inc. IL’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,369,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in TLT. Independence Bank of Kentucky purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $26,000. Richardson Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $30,000. New Wave Wealth Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $32,000. Van ECK Associates Corp lifted its stake in iShares 20+ Year Treasury Bond ETF by 82.4% in the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 178 shares during the period. Finally, West Branch Capital LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6 %

NASDAQ TLT opened at $88.31 on Thursday. The stock’s 50 day moving average is $89.85 and its 200 day moving average is $90.41. The firm has a market capitalization of $48.50 billion, a PE ratio of -7.38 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.3256 per share. This represents a $3.91 annualized dividend and a dividend yield of 4.42%. The ex-dividend date was Tuesday, April 1st.

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.