Gilman Hill Asset Management LLC Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Gilman Hill Asset Management LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 34.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 8,500 shares of the exchange traded fund’s stock after selling 4,375 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $742,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Prospera Private Wealth LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $42,000. ST Germain D J Co. Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares in the last quarter. CarsonAllaria Wealth Management Ltd. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $59,000. Finally, PSI Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 58.4% during the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 241 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $87.19 on Monday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The company has a 50 day simple moving average of $89.67 and a two-hundred day simple moving average of $93.54. The firm 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 Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.351 per share. This is an increase 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%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.