GLOBALT Investments LLC GA Sells 2,200 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

GLOBALT Investments LLC GA trimmed its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 77,900 shares of the exchange traded fund’s stock after selling 2,200 shares during the quarter. GLOBALT Investments LLC GA’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,642,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $35,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $35,000. Anfield Capital Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $36,000. Finally, PSI Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 79.6% in the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 183 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3 %

NASDAQ TLT opened at $90.08 on Monday. The firm has a market cap of $58.35 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a 50-day moving average price of $95.13 and a 200-day moving average price of $94.25. iShares 20+ Year Treasury Bond ETF has a twelve month low of $87.34 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.