iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Mechanics Bank Trust Department

Mechanics Bank Trust Department cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,212 shares of the exchange traded fund’s stock after selling 24,463 shares during the period. Mechanics Bank Trust Department’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,306,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. ORG Wealth Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Prospera Private Wealth LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $42,000. ST Germain D J Co. Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th 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 last quarter. CarsonAllaria Wealth Management Ltd. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $59,000. Finally, PSI Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 58.4% during the 3rd 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 Price Performance

NASDAQ:TLT opened at $87.19 on Monday. The company’s fifty day moving average price is $89.67 and its 200-day moving average price is $93.54. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The firm has a market capitalization of $51.62 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.83%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.