Cadent Capital Advisors LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cadent Capital Advisors LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,207 shares of the exchange traded fund’s stock after selling 41,338 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 2.2% of Cadent Capital Advisors LLC’s holdings, making the stock its 12th largest position. Cadent Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,480,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TLT. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $35,000. Prospera Private Wealth LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth $42,000. ST Germain D J Co. Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the period. CarsonAllaria Wealth Management Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at $59,000. Finally, PSI Advisors LLC raised 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 valued at $64,000 after acquiring an additional 241 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.0 %

Shares of TLT stock traded up $0.01 during trading hours on Monday, reaching $85.47. 15,509,022 shares of the stock were exchanged, compared to its average volume of 32,582,484. iShares 20+ Year Treasury Bond ETF has a 12-month low of $85.04 and a 12-month high of $101.64. The firm has a market capitalization of $49.59 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s 50-day moving average price is $90.22 and its 200-day moving average price is $93.73.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.93%.

iShares 20+ Year Treasury Bond ETF 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.