iShares 20+ Year Treasury Bond ETF $TLT Stock Position Decreased by GDS Wealth Management

GDS Wealth Management cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,829 shares of the exchange traded fund’s stock after selling 4,254 shares during the period. GDS Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,309,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Clearstead Trust LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 38.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV increased its position in shares of iShares 20+ Year Treasury Bond ETF by 416.0% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 416 shares in the last quarter. SouthState Corp acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $50,000. Finally, Harbor Investment Advisory LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,477.5% during the second quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 591 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $88.88 on Thursday. The company has a 50 day moving average price of $90.00 and a 200 day moving average price of $87.79. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.85. The firm has a market capitalization of $48.69 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a dividend of $0.3251 per share. The ex-dividend date of this dividend was Monday, November 3rd. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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.