WealthPLAN Partners LLC Reduces Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

WealthPLAN Partners LLC trimmed its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 48.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,606 shares of the exchange traded fund’s stock after selling 7,213 shares during the quarter. WealthPLAN Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Motco purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. ORG Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $34,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at $35,000. Finally, Anfield Capital Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $36,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.66 on Wednesday. The stock has a market cap of $58.73 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s 50-day moving average is $95.69 and its two-hundred day moving average is $94.22. iShares 20+ Year Treasury Bond ETF has a 1 year low of $86.90 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a yield of 4.11%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

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.