Marathon Trading Investment Management LLC Sells 34,079 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Marathon Trading Investment Management LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 67.7% during the third quarter, HoldingsChannel reports. The firm owned 16,226 shares of the exchange traded fund’s stock after selling 34,079 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 0.1% of Marathon Trading Investment Management LLC’s portfolio, making the stock its 25th largest holding. Marathon Trading Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,592,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of 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 valued at $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth $35,000. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth $36,000. Finally, PSI Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 79.6% during the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 183 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

TLT opened at $90.08 on Friday. The company’s fifty day moving average price is $95.13 and its two-hundred day moving average price is $94.21. iShares 20+ Year Treasury Bond ETF has a 1-year low of $87.34 and a 1-year high of $101.64. The company has a market cap of $58.35 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 annualized dividend and a dividend yield of 4.14%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.