Foster & Motley Inc. Cuts Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Foster & Motley Inc. cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,450 shares of the exchange traded fund’s stock after selling 9,294 shares during the quarter. Foster & Motley Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,894,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Strategic Investment Advisors MI purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $31,000. Trust Co. of Vermont grew its holdings in iShares 20+ Year Treasury Bond ETF by 90.5% during the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares in the last quarter. Stone House Investment Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 352 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $35,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $87.35 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The company’s fifty day moving average price is $85.66 and its 200-day moving average price is $87.03. The company has a market capitalization of $43.47 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3358 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.