Snowden Capital Advisors LLC Has $2.22 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Snowden Capital Advisors LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.1% during the fourth quarter, Holdings Channel reports. The fund owned 25,410 shares of the exchange traded fund’s stock after selling 1,948 shares during the period. Snowden Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,219,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Shepherd Kaplan Krochuk LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $3,988,000. Main Street Group LTD grew its stake in iShares 20+ Year Treasury Bond ETF by 16.0% in the 4th quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 120 shares during the last quarter. Maven Securities LTD bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $955,000. Napa Wealth Management bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $240,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in iShares 20+ Year Treasury Bond ETF by 31.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 542,310 shares of the exchange traded fund’s stock worth $47,360,000 after acquiring an additional 128,791 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3%

iShares 20+ Year Treasury Bond ETF stock opened at $86.30 on Friday. The company has a market capitalization of $46.70 billion, a price-to-earnings ratio of -7.06 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The stock’s 50 day moving average is $88.74 and its 200-day moving average is $89.34.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a $0.3276 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $3.93 annualized dividend and a yield of 4.56%.

iShares 20+ Year Treasury Bond ETF Company 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.