Maxwell Wealth Strategies Inc. Sells 1,790 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Maxwell Wealth Strategies Inc. lessened its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.5% in the third quarter, HoldingsChannel reports. The fund owned 3,114 shares of the exchange traded fund’s stock after selling 1,790 shares during the period. Maxwell Wealth Strategies Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $289,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mizuho Markets Americas LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $11,355,000. Insight 2811 Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 255.9% during the 3rd quarter. Insight 2811 Inc. now owns 192,723 shares of the exchange traded fund’s stock worth $18,906,000 after purchasing an additional 138,577 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 43.2% during the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 6,363 shares of the exchange traded fund’s stock worth $624,000 after purchasing an additional 1,919 shares in the last quarter. Connable Office Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.2% during the third quarter. Connable Office Inc. now owns 130,258 shares of the exchange traded fund’s stock worth $12,778,000 after purchasing an additional 1,490 shares during the period. Finally, Dearborn Partners LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 9.9% in the third quarter. Dearborn Partners LLC now owns 2,693 shares of the exchange traded fund’s stock valued at $264,000 after buying an additional 243 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

Shares of TLT stock opened at $90.08 on Friday. The stock has a 50 day simple moving average of $95.13 and a 200 day simple moving average of $94.17. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64. The stock has a market cap of $58.35 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3105 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a dividend yield of 4.14%. The ex-dividend date 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.