Perennial Investment Advisors LLC Sells 137 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Perennial Investment Advisors LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,503 shares of the exchange traded fund’s stock after selling 137 shares during the quarter. Perennial Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $481,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TLT. LPL Financial LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after buying an additional 235,504 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after acquiring an additional 353,468 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 36.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,230,371 shares of the exchange traded fund’s stock valued at $194,778,000 after acquiring an additional 592,846 shares during the last quarter. AIA Group Ltd raised its position in iShares 20+ Year Treasury Bond ETF by 33.4% during the fourth quarter. AIA Group Ltd now owns 1,966,346 shares of the exchange traded fund’s stock valued at $171,721,000 after purchasing an additional 491,835 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 9.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock worth $171,007,000 after purchasing an additional 175,574 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $92.85 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The firm has a market cap of $52.76 billion, a price-to-earnings ratio of -7.38 and a beta of 0.06. The business’s fifty day moving average is $89.95 and its 200-day moving average is $91.03.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.3256 dividend. This represents a $3.91 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date of this dividend 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.