iShares 20+ Year Treasury Bond ETF $TLT is Wealth Management Associates Inc.’s 3rd Largest Position

Wealth Management Associates Inc. lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 128,964 shares of the exchange traded fund’s stock after selling 9,597 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 4.1% of Wealth Management Associates Inc.’s portfolio, making the stock its 3rd biggest holding. Wealth Management Associates Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,526,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Clearstead Trust LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $25,000. Cary Street Partners Investment Advisory LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 161 shares during the period. Ameritas Investment Partners Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $33,000. Caldwell Trust Co purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $36,000. Finally, Kilter Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $37,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8%

iShares 20+ Year Treasury Bond ETF stock opened at $87.16 on Friday. The company has a market cap of $47.75 billion, a PE ratio of -6.75 and a beta of 0.53. The company’s 50-day moving average price is $89.03 and its 200-day moving average price is $88.31. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.3424 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, December 19th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. 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.