Shelton Wealth Management LLC Sells 50,005 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Shelton Wealth Management LLC lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 88.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,332 shares of the exchange traded fund’s stock after selling 50,005 shares during the quarter. Shelton Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $553,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Fund Evaluation Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $232,000. XTX Topco Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $1,267,000. Ranch Capital Advisors Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 80.9% during the 2nd quarter. Ranch Capital Advisors Inc. now owns 4,312 shares of the exchange traded fund’s stock valued at $396,000 after purchasing an additional 1,929 shares during the period. Bulltick Wealth Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 45.5% in the second quarter. Bulltick Wealth Management LLC now owns 54,580 shares of the exchange traded fund’s stock worth $5,009,000 after buying an additional 17,065 shares in the last quarter. Finally, Westwood Holdings Group Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.5% in the 2nd quarter. Westwood Holdings Group Inc. now owns 309,201 shares of the exchange traded fund’s stock valued at $28,378,000 after acquiring an additional 13,216 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ:TLT opened at $87.19 on Friday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The firm has a 50 day moving average of $89.67 and a 200 day moving average of $93.51. The stock has a market capitalization of $51.06 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 paid a $0.351 dividend. This is a positive change 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. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%.

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.