iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stock Holdings Cut by Merit Financial Group LLC

Merit Financial Group LLC reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,208 shares of the exchange traded fund’s stock after selling 1,328 shares during the quarter. Merit Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,272,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 281.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 24,633 shares of the exchange traded fund’s stock worth $2,436,000 after acquiring an additional 18,176 shares in the last quarter. Aveo Capital Partners LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 57.2% in the fourth quarter. Aveo Capital Partners LLC now owns 56,510 shares of the exchange traded fund’s stock valued at $5,588,000 after purchasing an additional 20,562 shares in the last quarter. Accretive Wealth Partners LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 211.4% in the fourth quarter. Accretive Wealth Partners LLC now owns 11,517 shares of the exchange traded fund’s stock valued at $1,139,000 after purchasing an additional 7,819 shares in the last quarter. Natixis Advisors L.P. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $2,826,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,181,613 shares of the exchange traded fund’s stock worth $116,838,000 after acquiring an additional 73,710 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT traded up $0.90 during midday trading on Friday, hitting $89.84. 50,066,075 shares of the stock were exchanged, compared to its average volume of 43,806,707. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $106.45. The business’s fifty day simple moving average is $91.99 and its two-hundred day simple moving average is $92.57. The company has a market capitalization of $45.90 billion, a PE ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.3077 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.69 annualized dividend and a dividend yield of 4.11%.

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.