Syntax Research Inc. Cuts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Syntax Research Inc. cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 74.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,703 shares of the exchange traded fund’s stock after selling 19,575 shares during the quarter. Syntax Research Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $584,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Greykasell Wealth Strategies Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $27,000. Strategic Investment Advisors MI purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $27,000. First Command Advisory Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $33,000. Smartleaf Asset Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $33,000. Finally, Trust Co. of Vermont grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 181 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $85.59 on Friday. The firm has a fifty day moving average price of $87.36 and a 200 day moving average price of $88.32. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $92.18. The firm has a market cap of $42.26 billion, a PE ratio of -6.75 and a beta of 0.57.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.3153 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Friday, May 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.