Lake Street Private Wealth LLC Sells 3,072 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lake Street Private Wealth LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,525 shares of the exchange traded fund’s stock after selling 3,072 shares during the quarter. Lake Street Private Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,530,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TLT. Retirement Wealth Solutions LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $323,000. Merit Financial Group LLC increased its position in iShares 20+ Year Treasury Bond ETF by 101.3% in the fourth quarter. Merit Financial Group LLC now owns 43,814 shares of the exchange traded fund’s stock worth $3,826,000 after buying an additional 22,048 shares during the last quarter. Procyon Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 8,929.3% in the fourth quarter. Procyon Advisors LLC now owns 353,317 shares of the exchange traded fund’s stock valued at $30,855,000 after buying an additional 349,404 shares during the period. RDA Financial Network raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 18.1% in the fourth quarter. RDA Financial Network now owns 8,020 shares of the exchange traded fund’s stock valued at $700,000 after buying an additional 1,228 shares during the period. Finally, Empirical Asset Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.4% during the 4th quarter. Empirical Asset Management LLC now owns 6,496 shares of the exchange traded fund’s stock worth $567,000 after acquiring an additional 276 shares during the period. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.19 on Friday. The stock has a market capitalization of $51.06 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock’s 50-day simple moving average is $89.67 and its 200 day simple moving average is $93.51.

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 given a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.83%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.