AFG Fiduciary Services Limited Partnership Reduces Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AFG Fiduciary Services Limited Partnership cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 77.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,198 shares of the exchange traded fund’s stock after selling 154,118 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.2% of AFG Fiduciary Services Limited Partnership’s investment portfolio, making the stock its 11th biggest position. AFG Fiduciary Services Limited Partnership’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,835,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. increased its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Assetmark Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $89,789,000. IMC Chicago LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 440.7% during the third quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after buying an additional 851,884 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after buying an additional 709,409 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.97 on Wednesday. The company has a market capitalization of $52.08 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s 50 day simple moving average is $89.52 and its 200-day simple moving average is $93.48. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared 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. This represents a $4.21 dividend on an annualized basis and a yield of 4.79%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.