JB Capital LLC Sells 71,377 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

JB Capital LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 33.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,158 shares of the exchange traded fund’s stock after selling 71,377 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 0.8% of JB Capital LLC’s investment portfolio, making the stock its 21st biggest holding. JB Capital LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,750,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.2% during the first quarter. Sequoia Financial Advisors LLC now owns 2,612 shares of the exchange traded fund’s stock worth $247,000 after buying an additional 220 shares in the last quarter. Custos Family Office LLC grew its position in iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Custos Family Office LLC now owns 61,732 shares of the exchange traded fund’s stock valued at $5,841,000 after purchasing an additional 2,097 shares in the last quarter. AIA Group Ltd increased its stake in iShares 20+ Year Treasury Bond ETF by 113.2% in the 1st quarter. AIA Group Ltd now owns 1,312,996 shares of the exchange traded fund’s stock valued at $124,236,000 after buying an additional 697,255 shares during the last quarter. Hilltop National Bank acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $785,000. Finally, PFG Advisors grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.9% in the 1st quarter. PFG Advisors now owns 26,427 shares of the exchange traded fund’s stock valued at $2,501,000 after acquiring an additional 493 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT traded up $0.76 on Thursday, hitting $90.96. 7,650,420 shares of the company were exchanged, compared to its average volume of 39,855,910. The stock’s fifty day moving average is $96.13 and its 200-day moving average is $94.09. iShares 20+ Year Treasury Bond ETF has a 12 month low of $86.74 and a 12 month high of $101.64. The company has a market cap of $58.92 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3105 per share. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.10%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 20+ Year Treasury Bond ETF

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.