SlateStone Wealth LLC Lowers Stake in iShares 20+ Year Treasury Bond ETF $TLT

SlateStone Wealth LLC reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.9% in the fourth quarter, HoldingsChannel reports. The fund owned 142,791 shares of the exchange traded fund’s stock after selling 44,763 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.0% of SlateStone Wealth LLC’s portfolio, making the stock its 27th biggest holding. SlateStone Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,446,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Silverlake Wealth Management LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.6% in the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock worth $1,832,000 after purchasing an additional 115 shares during the period. Yukon Wealth Management Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.5% in the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after purchasing an additional 118 shares during the period. Harvest Fund Management Co. Ltd grew its holdings in iShares 20+ Year Treasury Bond ETF by 15.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares during the period. Cornerstone Wealth Management LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 3.8% in the fourth quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 138 shares during the period. Finally, Friedenthal Financial grew its holdings in iShares 20+ Year Treasury Bond ETF by 3.9% in the fourth quarter. Friedenthal Financial now owns 3,756 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 140 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $85.50 on Friday. The stock has a market cap of $42.54 billion, a PE ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The firm’s 50-day simple moving average is $85.84 and its two-hundred day simple moving average is $87.38.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3358 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.