Grant GrossMendelsohn LLC Sells 5,972 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Grant GrossMendelsohn LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,591 shares of the exchange traded fund’s stock after selling 5,972 shares during the period. Grant GrossMendelsohn LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,624,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after buying an additional 27,586 shares during the period. Vontobel Holding Ltd. lifted its stake in iShares 20+ Year Treasury Bond ETF by 99.7% during the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Full Sail Capital LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.3% in the 2nd quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock valued at $6,461,000 after purchasing an additional 3,530 shares in the last quarter. Commerce Bank increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares during the last quarter. Finally, ST Germain D J Co. Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th 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 in the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

TLT 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. The firm has a 50-day moving average price of $89.67 and a 200-day moving average price of $93.51. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company 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 dividend on an annualized basis and a dividend 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.