Astor Investment Management LLC Sells 2,040 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Astor Investment Management LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,511 shares of the exchange traded fund’s stock after selling 2,040 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 0.4% of Astor Investment Management LLC’s portfolio, making the stock its 24th biggest position. Astor Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,039,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Blair William & Co. IL raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.6% in the 1st quarter. Blair William & Co. IL now owns 9,953 shares of the exchange traded fund’s stock worth $1,315,000 after acquiring an additional 614 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 21.4% in the first quarter. Sequoia Financial Advisors LLC now owns 2,255 shares of the exchange traded fund’s stock worth $298,000 after purchasing an additional 397 shares during the last quarter. Brighton Jones LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $217,000. Equitable Holdings Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 37.0% during the first quarter. Equitable Holdings Inc. now owns 6,067 shares of the exchange traded fund’s stock valued at $801,000 after buying an additional 1,637 shares during the last quarter. Finally, Prudential Financial Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 35.9% during the first quarter. Prudential Financial Inc. now owns 29,931 shares of the exchange traded fund’s stock worth $3,953,000 after buying an additional 7,905 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock traded up $0.51 on Wednesday, hitting $88.81. The stock had a trading volume of 9,928,973 shares, compared to its average volume of 43,220,945. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $107.24. The business has a 50 day moving average of $93.14 and a 200 day moving average of $92.44.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. This represents a $3.75 dividend on an annualized basis and a dividend yield of 4.22%. The ex-dividend date was Monday, April 1st.

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.