HCR Wealth Advisors Sells 6,201 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

HCR Wealth Advisors reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,969 shares of the exchange traded fund’s stock after selling 6,201 shares during the period. HCR Wealth Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $3,578,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 13.7% during the fourth quarter. Pinnacle Bancorp Inc. now owns 3,502 shares of the exchange traded fund’s stock worth $306,000 after purchasing an additional 423 shares during the period. Armstrong Advisory Group Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 24,359.7% during the 4th quarter. Armstrong Advisory Group Inc. now owns 330,450 shares of the exchange traded fund’s stock valued at $28,858,000 after purchasing an additional 329,099 shares during the last quarter. Cox Capital Mgt LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 15.4% in the 4th quarter. Cox Capital Mgt LLC now owns 2,471 shares of the exchange traded fund’s stock worth $216,000 after buying an additional 329 shares in the last quarter. Park Avenue Securities LLC increased its position in iShares 20+ Year Treasury Bond ETF by 14.8% during the fourth quarter. Park Avenue Securities LLC now owns 767,634 shares of the exchange traded fund’s stock valued at $67,037,000 after acquiring an additional 98,927 shares during the last quarter. Finally, Pines Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $451,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $86.76 on Thursday. The company has a market capitalization of $50.81 billion, a PE ratio of -7.14 and a beta of 0.06. The company’s fifty day moving average price is $89.93 and its 200-day moving average price is $93.62. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost 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 4.85%.

iShares 20+ Year Treasury Bond ETF Company 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.