iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Royal Fund Management LLC

Royal Fund Management LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 55.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 193,186 shares of the exchange traded fund’s stock after selling 236,987 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.6% of Royal Fund Management LLC’s holdings, making the stock its 10th biggest holding. Royal Fund Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $16,872,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fund Evaluation Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $232,000. Mount Yale Investment Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 5.3% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 9,836 shares of the exchange traded fund’s stock valued at $903,000 after purchasing an additional 491 shares during the period. EverSource Wealth Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 150.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,605 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 2,764 shares during the period. Commonwealth Financial Services LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 19.2% in the 2nd quarter. Commonwealth Financial Services LLC now owns 144,864 shares of the exchange traded fund’s stock valued at $13,438,000 after acquiring an additional 23,347 shares during the period. Finally, Steel Grove Capital Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $642,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $87.19 on Tuesday. The firm’s 50 day simple moving average is $89.57 and its 200 day simple moving average is $93.51. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The company has a market capitalization of $51.62 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.