Capital Square LLC Reduces Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Capital Square LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,019 shares of the exchange traded fund’s stock after selling 5,376 shares during the period. Capital Square LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $351,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of TLT. Morse Asset Management Inc purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $2,928,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $3,105,000. Tidal Investments LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 101.5% during the third quarter. Tidal Investments LLC now owns 35,749 shares of the exchange traded fund’s stock worth $3,507,000 after buying an additional 18,007 shares in the last quarter. Synovus Financial Corp raised its position in shares of iShares 20+ Year Treasury Bond ETF by 27.4% in the third quarter. Synovus Financial Corp now owns 5,076 shares of the exchange traded fund’s stock valued at $498,000 after buying an additional 1,092 shares during the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 78,414 shares of the exchange traded fund’s stock valued at $7,640,000 after buying an additional 19,395 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $88.31 on Thursday. The company has a 50 day moving average price of $89.85 and a two-hundred day moving average price of $90.41. The stock has a market capitalization of $48.50 billion, a P/E ratio of -7.38 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.91 annualized dividend and a yield of 4.42%.

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.