Joseph P. Lucia & Associates LLC Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Joseph P. Lucia & Associates LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,842 shares of the exchange traded fund’s stock after selling 3,140 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,820,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the period. Vontobel Holding Ltd. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 99.7% during the third 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 in the last quarter. Commerce Bank increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after acquiring an additional 2,426 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares during the period. Finally, Commonwealth Equity Services LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 25.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock worth $171,541,000 after acquiring an additional 354,610 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $88.29 on Tuesday. The stock has a market capitalization of $52.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a fifty day moving average price of $89.31 and a 200 day moving average price of $93.33. 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 company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.77%.

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.