iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Alterna Wealth Management Inc.

Alterna Wealth Management Inc. cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,424 shares of the exchange traded fund’s stock after selling 2,524 shares during the quarter. Alterna Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $561,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of TLT. Principal Financial Group Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after acquiring an additional 27,586 shares during the period. Vontobel Holding Ltd. raised its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after purchasing an additional 36,070 shares during the period. Commerce Bank boosted its position in iShares 20+ Year Treasury Bond ETF by 32.7% during the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 25.4% in the third quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock valued at $171,541,000 after buying an additional 354,610 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 Stock Down 0.7 %

TLT opened at $87.76 on Monday. The firm’s fifty day simple moving average is $89.12 and its two-hundred day simple moving average is $93.17. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The company has a market cap of $53.34 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a yield of 4.80%.

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.