Annex Advisory Services LLC Sells 3,558 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Annex Advisory Services LLC reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.8% in the fourth quarter, Holdings Channel reports. The fund owned 29,326 shares of the exchange traded fund’s stock after selling 3,558 shares during the quarter. Annex Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,561,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Divergent Wealth Advisors boosted its stake in iShares 20+ Year Treasury Bond ETF by 1.1% during the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after buying an additional 117 shares during the period. Goelzer Investment Management Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.0% in the 3rd quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock worth $1,490,000 after acquiring an additional 143 shares during the last quarter. Pinnacle Family Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.3% during the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after purchasing an additional 147 shares during the period. Claro Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after purchasing an additional 149 shares during the last quarter. Finally, Empirical Asset Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 2.5% in the 3rd quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 152 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

TLT opened at $87.19 on Monday. The business has a fifty day moving average of $89.67 and a 200 day moving average of $93.54. The stock has a market cap of $51.62 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.83%.

iShares 20+ Year Treasury Bond ETF 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.