Braun Bostich & Associates Inc. Cuts Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Braun Bostich & Associates Inc. decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,855 shares of the exchange traded fund’s stock after selling 7,397 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 6.0% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 2nd largest holding. Braun Bostich & Associates Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,371,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in TLT. Fund Evaluation Group LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $232,000. EverSource Wealth Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 150.1% during the second quarter. EverSource Wealth Advisors LLC now owns 4,605 shares of the exchange traded fund’s stock worth $437,000 after purchasing an additional 2,764 shares during the last quarter. Providence Capital Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 4.1% in the second quarter. Providence Capital Advisors LLC now owns 22,656 shares of the exchange traded fund’s stock valued at $2,079,000 after purchasing an additional 882 shares in the last quarter. Mill Creek Capital Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 10.9% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 115,562 shares of the exchange traded fund’s stock valued at $10,606,000 after buying an additional 11,335 shares during the last quarter. Finally, Semmax Financial Advisors Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 11.7% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 35,534 shares of the exchange traded fund’s stock worth $3,457,000 after buying an additional 3,732 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $87.97 on Wednesday. The business has a 50-day moving average of $89.52 and a 200-day moving average of $93.48. The stock has a market capitalization of $52.08 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 4.79%. This is an increase 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.