BluePointe Capital Management LLC Has $1.14 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

BluePointe Capital Management LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.4% during the third quarter, Holdings Channel reports. The firm owned 11,592 shares of the exchange traded fund’s stock after selling 1,643 shares during the period. BluePointe Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,137,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Motco bought a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $32,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $35,000. Finally, Anfield Capital Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at $36,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $90.32 on Friday. The company has a market capitalization of $58.51 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a 50-day moving average of $95.32 and a 200 day moving average of $94.16. iShares 20+ Year Treasury Bond ETF has a one year low of $87.34 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.3105 dividend. This represents a $3.73 annualized dividend and a yield of 4.13%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date 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.