iShares 20+ Year Treasury Bond ETF $TLT Stock: 4Thought Financial Group Inc. Trims Holdings

4Thought Financial Group Inc. lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 75,433 shares of the exchange traded fund’s stock after selling 10,398 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 2.7% of 4Thought Financial Group Inc.’s holdings, making the stock its 12th biggest holding. 4Thought Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,867,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. Aozora Bank LTD. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $198,507,000. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after buying an additional 860,164 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in iShares 20+ Year Treasury Bond ETF by 141.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after buying an additional 769,615 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,830.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock valued at $59,254,000 after buying an additional 662,248 shares during the period. Finally, Tectonic Advisors LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,200.2% in the 3rd quarter. Tectonic Advisors LLC now owns 384,917 shares of the exchange traded fund’s stock valued at $29,939,000 after buying an additional 368,183 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.8%

TLT stock opened at $81.76 on Thursday. The company has a market cap of $47.58 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a twelve month low of $76.43 and a twelve month high of $90.86. The business has a fifty day moving average of $80.43 and a 200-day moving average of $84.55.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be given a $0.3432 dividend. The ex-dividend date is Monday, November 2nd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. This represents a $4.12 dividend on an annualized basis and a yield of 5.0%.

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.