JT Stratford LLC Lowers Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

JT Stratford LLC trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,623 shares of the exchange traded fund’s stock after selling 396 shares during the quarter. JT Stratford LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $316,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mutual Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 5.3% in the fourth quarter. Mutual Advisors LLC now owns 121,534 shares of the exchange traded fund’s stock valued at $10,578,000 after purchasing an additional 6,146 shares during the period. D.B. Root & Company LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $535,000. Raleigh Capital Management Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 68.3% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,441 shares of the exchange traded fund’s stock valued at $126,000 after buying an additional 585 shares during the period. Endeavor Private Wealth Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $907,000. Finally, Avior Wealth Management LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 4.5% during the 4th quarter. Avior Wealth Management LLC now owns 4,589 shares of the exchange traded fund’s stock worth $401,000 after acquiring an additional 199 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 Price Performance

NASDAQ TLT opened at $84.41 on Friday. The company has a market cap of $45.67 billion, a P/E ratio of -6.91 and a beta of 0.06. The stock has a 50-day moving average of $88.31 and a two-hundred day moving average of $89.17. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.30 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were paid a $0.3276 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $3.93 annualized dividend and a dividend yield of 4.66%.

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.