PFG Investments LLC Cuts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

PFG Investments LLC trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,243 shares of the exchange traded fund’s stock after selling 733 shares during the period. PFG Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $895,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. West Branch Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares in the last quarter. Prospera Private Wealth LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $42,000. ST Germain D J Co. Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 73.1% in 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 purchasing an additional 201 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $59,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $88.18 on Wednesday. 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 market capitalization of $52.12 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average price of $89.26 and a 200 day moving average price of $93.29.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.78%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.