Lido Advisors LLC Reduces Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Lido Advisors LLC lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 46.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 112,950 shares of the exchange traded fund’s stock after selling 99,435 shares during the quarter. Lido Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,792,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TLT. CPR Investments Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 164.4% in the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after purchasing an additional 47,741 shares during the last quarter. Benin Management CORP bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $4,655,000. Affinity Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after buying an additional 7,325 shares during the last quarter. Caldwell Trust Co lifted its holdings in iShares 20+ Year Treasury Bond ETF by 1,038.7% in the fourth quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock valued at $578,000 after buying an additional 6,045 shares during the period. Finally, Sanctuary Advisors LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 15.1% in the fourth quarter. Sanctuary Advisors LLC now owns 244,123 shares of the exchange traded fund’s stock valued at $21,278,000 after buying an additional 31,983 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $83.17 on Friday. The firm’s 50 day moving average price is $85.16 and its two-hundred day moving average price is $86.62. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The stock has a market cap of $41.79 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.318 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.