Brookstone Capital Management Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Brookstone Capital Management cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 220,234 shares of the exchange traded fund’s stock after selling 37,038 shares during the quarter. Brookstone Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,233,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $35,000. Prospera Private Wealth LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $42,000. ST Germain D J Co. Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $59,000. Finally, PSI Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 58.4% during the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 241 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock traded down $0.24 during trading hours on Monday, hitting $85.22. The company’s stock had a trading volume of 7,277,677 shares, compared to its average volume of 31,403,027. iShares 20+ Year Treasury Bond ETF has a twelve month low of $85.16 and a twelve month high of $101.64. The firm has a fifty day moving average of $90.22 and a 200-day moving average of $93.73. The stock has a market cap of $49.44 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 declared 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 4.94%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change 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.