Janney Montgomery Scott LLC Sells 56,674 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Janney Montgomery Scott LLC decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,413,633 shares of the exchange traded fund’s stock after selling 56,674 shares during the quarter. Janney Montgomery Scott LLC owned about 0.29% of iShares 20+ Year Treasury Bond ETF worth $122,548,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Boomfish Wealth Group LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 7.0% in the 1st quarter. Boomfish Wealth Group LLC now owns 69,666 shares of the exchange traded fund’s stock worth $6,039,000 after purchasing an additional 4,558 shares in the last quarter. Midwest Financial Group LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 2.4% during the 1st quarter. Midwest Financial Group LLC now owns 33,073 shares of the exchange traded fund’s stock valued at $2,867,000 after purchasing an additional 780 shares in the last quarter. Larry Mathis Financial Planning LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 75.0% during the first quarter. Larry Mathis Financial Planning LLC now owns 4,136 shares of the exchange traded fund’s stock worth $359,000 after buying an additional 1,773 shares during the last quarter. Trilogy Capital Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 31.6% during the first quarter. Trilogy Capital Inc. now owns 392,657 shares of the exchange traded fund’s stock worth $34,039,000 after buying an additional 94,178 shares during the last quarter. Finally, Yoder Wealth Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 12.7% during the first quarter. Yoder Wealth Management Inc. now owns 33,157 shares of the exchange traded fund’s stock worth $2,874,000 after buying an additional 3,730 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $87.36 on Friday. The company has a 50-day moving average price of $85.67 and a 200-day moving average price of $87.03. The stock has a market capitalization of $43.47 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.3358 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

About iShares 20+ Year Treasury Bond ETF

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.