Blue Trust Inc. Sells 16,185 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Blue Trust Inc. lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 53,198 shares of the exchange traded fund’s stock after selling 16,185 shares during the quarter. Blue Trust Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,646,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TLT. Fund Evaluation Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $232,000. Toronto Dominion Bank lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.6% in the second quarter. Toronto Dominion Bank now owns 73,670 shares of the exchange traded fund’s stock worth $6,761,000 after acquiring an additional 1,180 shares during the last quarter. Ascent Group LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.2% in the second quarter. Ascent Group LLC now owns 42,359 shares of the exchange traded fund’s stock worth $3,888,000 after acquiring an additional 3,552 shares during the last quarter. Full Sail Capital LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.3% in the second quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock worth $6,461,000 after acquiring an additional 3,530 shares during the last quarter. Finally, Forefront Analytics LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.9% in the second quarter. Forefront Analytics LLC now owns 5,874 shares of the exchange traded fund’s stock worth $539,000 after acquiring an additional 531 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.4 %

TLT stock opened at $87.22 on Monday. The firm has a 50-day moving average price of $89.35 and a 200-day moving average price of $93.36. The stock has a market capitalization of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.