Park Place Capital Corp Sells 2,752 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Park Place Capital Corp trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 75.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 883 shares of the exchange traded fund’s stock after selling 2,752 shares during the period. Park Place Capital Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $77,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in TLT. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. West Branch Capital LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. Prospera Private Wealth LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $42,000. ST Germain D J Co. Inc. lifted its stake in 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 worth $42,000 after purchasing an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $59,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5 %

Shares of TLT opened at $87.51 on Thursday. The company has a market cap of $51.81 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The company has a 50 day moving average of $89.47 and a two-hundred day moving average of $93.44.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.81%. The ex-dividend date was Wednesday, December 18th.

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.