Krilogy Financial LLC Sells 25,223 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Krilogy Financial LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 224,660 shares of the exchange traded fund’s stock after selling 25,223 shares during the period. iShares 20+ Year Treasury Bond ETF makes up approximately 1.3% of Krilogy Financial LLC’s holdings, making the stock its 21st largest holding. Krilogy Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,620,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $35,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $42,000. ST Germain D J Co. Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares during the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $59,000. Finally, PSI Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 58.4% during the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 241 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $87.19 on Friday. The company has a market cap of $51.06 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a fifty day moving average price of $89.67 and a two-hundred day moving average price of $93.53. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.83%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

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.