iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by World Investment Advisors

World Investment Advisors cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 48.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,590 shares of the exchange traded fund’s stock after selling 10,043 shares during the period. World Investment Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $925,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of TLT. Principal Financial Group Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the last quarter. ST Germain D J Co. Inc. increased its position 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 buying an additional 201 shares in the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 201 shares during the last quarter. Palogic Value Management L.P. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $3,013,000. Finally, Dynasty Wealth Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 50.7% in the 4th quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after buying an additional 304,416 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 1.1 %

NASDAQ:TLT opened at $92.85 on Monday. The company has a market capitalization of $52.76 billion, a P/E ratio of -7.38 and a beta of 0.06. The firm has a 50-day moving average price of $89.95 and a two-hundred day moving average price of $90.97. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a dividend of $0.3256 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.91 annualized dividend and a dividend yield of 4.21%.

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.