E Fund Management Hong Kong Co. Ltd. Sells 5,904 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

E Fund Management Hong Kong Co. Ltd. lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 46,737 shares of the exchange traded fund’s stock after selling 5,904 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 3.3% of E Fund Management Hong Kong Co. Ltd.’s portfolio, making the stock its 7th largest holding. E Fund Management Hong Kong Co. Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,082,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $35,000. West Branch Capital LLC grew its stake 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 worth $36,000 after purchasing an additional 203 shares during the period. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $42,000. ST Germain D J Co. Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $59,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $87.22 on Monday. The company has a market capitalization of $51.29 billion, a PE ratio of -7.14 and a beta of 0.06. The company’s fifty day moving average price is $89.35 and its 200 day moving average price is $93.36. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.