iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Holdings Lowered by Bruce G. Allen Investments LLC

Bruce G. Allen Investments LLC trimmed its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 89.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,096 shares of the exchange traded fund’s stock after selling 9,179 shares during the quarter. Bruce G. Allen Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $96,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in TLT. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $35,000. Prospera Private Wealth LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $42,000. ST Germain D J Co. Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares in the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $59,000. Finally, PSI Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 241 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT traded down $0.60 during trading hours on Friday, reaching $85.43. The company’s stock had a trading volume of 35,413,650 shares, compared to its average volume of 33,384,754. The business’s 50-day moving average is $90.33 and its 200-day moving average is $93.79. iShares 20+ Year Treasury Bond ETF has a one year low of $85.16 and a one year high of $101.64. The company has a market cap of $49.17 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company 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. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.