Capital Advisors Wealth Management LLC Has $461,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Capital Advisors Wealth Management LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 33.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,284 shares of the exchange traded fund’s stock after selling 2,605 shares during the quarter. Capital Advisors Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $461,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TLT. Principal Financial Group Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd 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 in the last quarter. Vontobel Holding Ltd. lifted 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 last quarter. Full Sail Capital LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 5.3% in the 2nd quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock worth $6,461,000 after purchasing an additional 3,530 shares during the last quarter. 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 during the period. Finally, ST Germain D J Co. Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% during 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 last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3 %

NASDAQ:TLT opened at $87.02 on Friday. The company’s 50 day moving average is $89.78 and its 200-day moving average is $93.53. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The firm has a market cap of $50.96 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced 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 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase 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.