Farther Finance Advisors LLC Sells 2,284 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Farther Finance Advisors LLC decreased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,799 shares of the exchange traded fund’s stock after selling 2,284 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,399,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $25,000. Van ECK Associates Corp boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 178 shares during the last quarter. Fairway Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $63,000. Guardian Wealth Advisors LLC NC lifted its position in iShares 20+ Year Treasury Bond ETF by 92.0% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 772 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 370 shares during the last quarter. Finally, Equitec Proprietary Markets LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 33.3% in the fourth quarter. Equitec Proprietary Markets LLC now owns 800 shares of the exchange traded fund’s stock valued at $70,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 1.3%

Shares of TLT stock opened at $85.35 on Monday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.30 and a 1 year high of $101.64. The stock has a 50 day simple moving average of $87.24 and a 200 day simple moving average of $88.74. The stock has a market cap of $49.24 billion, a P/E ratio of -6.75 and a beta of 0.48.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.3195 per share. This represents a $3.83 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend was Monday, June 2nd.

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.