Firethorn Wealth Partners LLC Sells 147 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Firethorn Wealth Partners LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.5% during the fourth quarter, HoldingsChannel reports. The firm owned 9,769 shares of the exchange traded fund’s stock after selling 147 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $853,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TLT. ORG Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. West Branch Capital LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares in the last quarter. Prospera Private Wealth LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $42,000. ST Germain D J Co. Inc. increased its holdings in 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 purchasing an additional 201 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $59,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.4 %

TLT stock opened at $87.22 on Friday. The stock has a 50-day moving average price of $89.35 and a two-hundred day moving average price of $93.35. The stock has a market cap of $51.29 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. 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.