Worth Asset Management LLC Sells 82,465 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Worth Asset Management LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 78.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,397 shares of the exchange traded fund’s stock after selling 82,465 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.0% of Worth Asset Management LLC’s investment portfolio, making the stock its 25th biggest holding. Worth Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,956,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 5.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after buying an additional 814,240 shares during the period. Cibc World Market Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after buying an additional 1,511,435 shares in the last quarter. LPL Financial LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 7.9% during the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after acquiring an additional 359,489 shares during the period. Finally, Assetmark Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after acquiring an additional 4,322,688 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ TLT traded up $0.19 during trading hours on Wednesday, reaching $86.11. The company’s stock had a trading volume of 19,816,185 shares, compared to its average volume of 27,799,193. The firm’s 50-day moving average price is $90.58 and its 200-day moving average price is $93.90. iShares 20+ Year Treasury Bond ETF has a 1 year low of $85.34 and a 1 year high of $101.64. The company has a market capitalization of $49.56 billion, a price-to-earnings 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 Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 annualized dividend and a dividend yield of 4.89%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date 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.