Tradition Wealth Management LLC Sells 3,860 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Tradition Wealth Management LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 14,976 shares of the exchange traded fund’s stock after selling 3,860 shares during the period. Tradition Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,469,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $35,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Anfield Capital Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $36,000. Finally, PSI Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 79.6% during the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 183 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.0 %

NASDAQ TLT opened at $93.97 on Monday. The business has a fifty day simple moving average of $93.44 and a 200 day simple moving average of $94.33. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64. The firm has a market capitalization of $59.70 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.3105 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.73 annualized dividend and a dividend yield of 3.97%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.