Wealthgarden F.S. LLC Decreases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Wealthgarden F.S. LLC trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.9% during the 1st quarter, Holdings Channel reports. The institutional investor owned 10,457 shares of the exchange traded fund’s stock after selling 3,465 shares during the quarter. Wealthgarden F.S. LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $952,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in TLT. Envestnet Asset Management Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 1.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,956,950 shares of the exchange traded fund’s stock worth $1,393,520,000 after acquiring an additional 298,003 shares in the last quarter. FMR LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 24.3% in the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after acquiring an additional 1,421,699 shares in the last quarter. LPL Financial LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after acquiring an additional 235,504 shares in the last quarter. Capula Management Ltd bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $455,550,000. Finally, Mackenzie Financial Corp grew its stake in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Mackenzie Financial Corp now owns 3,911,300 shares of the exchange traded fund’s stock worth $341,574,000 after acquiring an additional 35,500 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $85.51 on Wednesday. The company has a market capitalization of $46.48 billion, a P/E ratio of -6.75 and a beta of 0.06. The company’s 50-day simple moving average is $86.25 and its two-hundred day simple moving average is $87.91. iShares 20+ Year Treasury Bond ETF has a one year low of $83.30 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 7th. Stockholders of record on Tuesday, July 1st were paid a dividend of $0.3283 per share. The ex-dividend date of this dividend was Tuesday, July 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.94 dividend on an annualized basis and a dividend yield of 4.61%.

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.