JB Capital LLC Sells 71,377 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

JB Capital LLC lowered its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 33.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 140,158 shares of the exchange traded fund’s stock after selling 71,377 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.8% of JB Capital LLC’s holdings, making the stock its 21st largest position. JB Capital LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,750,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. McAdam LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after buying an additional 5,893 shares during the last quarter. Saxon Interests Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 28.4% during the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after acquiring an additional 1,355 shares during the last quarter. Riverwater Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $223,000. Vontobel Holding Ltd. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Finally, Hancock Whitney Corp bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $1,674,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT traded up $0.76 during mid-day trading on Thursday, hitting $90.96. 7,650,420 shares of the stock were exchanged, compared to its average volume of 39,855,910. The firm’s 50-day simple moving average is $96.13 and its 200 day simple moving average is $94.09. The stock has a market capitalization of $58.92 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $86.74 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company 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. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.10%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.