Worth Asset Management LLC Sells 82,465 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Worth Asset Management LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 78.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,397 shares of the exchange traded fund’s stock after selling 82,465 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 1.0% of Worth Asset Management LLC’s portfolio, making the stock its 25th biggest position. Worth Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,956,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Prospera Private Wealth LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $42,000. CarsonAllaria Wealth Management Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth $59,000. PSI Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after acquiring an additional 241 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 100.7% during the third quarter. Signaturefd LLC now owns 899 shares of the exchange traded fund’s stock valued at $88,000 after acquiring an additional 451 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock traded up $0.19 during mid-day trading on Wednesday, reaching $86.11. The stock had a trading volume of 19,816,185 shares, compared to its average volume of 27,799,193. The company has a market capitalization of $49.56 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $85.34 and a one year high of $101.64. The company has a 50-day moving average price of $90.58 and a two-hundred day moving average price of $93.90.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This represents a $4.21 annualized dividend and a yield of 4.89%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

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.