Koa Wealth Management LLC Sells 367 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Koa Wealth Management LLC cut its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,960 shares of the exchange traded fund’s stock after selling 367 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.3% of Koa Wealth Management LLC’s holdings, making the stock its 28th biggest position. Koa Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,664,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

Shares of NASDAQ TLT opened at $90.08 on Friday. The company has a market capitalization of $58.35 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64. The stock has a 50 day moving average of $95.13 and a 200-day moving average of $94.17.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a yield of 4.14%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

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.