SMI Advisory Services LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SMI Advisory Services LLC decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 49.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,294 shares of the exchange traded fund’s stock after selling 64,162 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 1.3% of SMI Advisory Services LLC’s holdings, making the stock its 19th largest position. SMI Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,493,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. West Branch Capital LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $42,000. ST Germain D J Co. Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $59,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $87.51 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The stock has a market cap of $51.81 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average price of $89.47 and a 200 day moving average price of $93.44.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 annualized dividend and a dividend yield of 4.81%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.