Lane & Associates LLC Sells 3,807 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lane & Associates LLC decreased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.5% in the third quarter, HoldingsChannel reports. The fund owned 13,934 shares of the exchange traded fund’s stock after selling 3,807 shares during the quarter. Lane & Associates LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,367,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TLT. Advisors Asset Management Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 153.8% during the 1st quarter. Advisors Asset Management Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $169,000 after purchasing an additional 1,081 shares during the last quarter. LRI Investments LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $42,000. Lazard Asset Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.2% during the 1st quarter. Lazard Asset Management LLC now owns 5,002 shares of the exchange traded fund’s stock valued at $473,000 after purchasing an additional 874 shares during the last quarter. Ashford Capital Management Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the 1st quarter. Ashford Capital Management Inc. now owns 30,635 shares of the exchange traded fund’s stock valued at $2,899,000 after purchasing an additional 679 shares during the last quarter. Finally, Dynasty Wealth Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $44,346,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ TLT opened at $90.39 on Friday. The firm’s 50-day moving average price is $94.14 and its 200-day moving average price is $94.24. The stock has a market capitalization of $58.55 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $87.34 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 annualized dividend and a dividend yield of 4.12%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

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.