Rise Advisors LLC Trims Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Rise Advisors LLC trimmed its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.1% in the fourth quarter, Holdings Channel reports. The fund owned 464 shares of the exchange traded fund’s stock after selling 251 shares during the period. Rise Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $41,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $42,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $59,000. PSI Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 58.4% during the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 241 shares during the period. Finally, Signaturefd LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 100.7% during the 3rd quarter. Signaturefd LLC now owns 899 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 451 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 1.1 %

Shares of iShares 20+ Year Treasury Bond ETF stock traded down $0.94 during trading on Tuesday, reaching $85.96. The company’s stock had a trading volume of 25,887,202 shares, compared to its average volume of 26,162,715. The company has a market capitalization of $49.48 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $85.79 and a 12-month high of $101.64. The business has a 50 day moving average price of $90.70 and a 200-day moving average price of $93.95.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a yield of 4.90%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.