iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. trimmed its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.1% in the 4th quarter, HoldingsChannel reports. The firm owned 4,001,572 shares of the exchange traded fund’s stock after selling 711,543 shares during the period. Ameriprise Financial Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $349,790,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TLT. Synovus Financial Corp grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 27.4% during the third quarter. Synovus Financial Corp now owns 5,076 shares of the exchange traded fund’s stock worth $498,000 after purchasing an additional 1,092 shares in the last quarter. Boltwood Capital Management lifted its holdings in iShares 20+ Year Treasury Bond ETF by 10.3% during the 4th quarter. Boltwood Capital Management now owns 17,151 shares of the exchange traded fund’s stock worth $1,498,000 after buying an additional 1,595 shares during the last quarter. Insight Wealth Strategies LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 4.4% during the 4th quarter. Insight Wealth Strategies LLC now owns 263,090 shares of the exchange traded fund’s stock worth $22,976,000 after buying an additional 11,176 shares during the last quarter. Ridgeline Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $247,000. Finally, One Wealth Capital Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $870,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

TLT stock opened at $87.24 on Tuesday. The business has a 50 day moving average price of $89.56 and a 200 day moving average price of $89.68. The stock has a market cap of $47.21 billion, a price-to-earnings ratio of -7.06 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.3276 per share. This represents a $3.93 annualized dividend and a dividend yield of 4.51%. The ex-dividend date is Thursday, May 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.