Blue Trust Inc. Sells 16,185 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Blue Trust Inc. lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 53,198 shares of the exchange traded fund’s stock after selling 16,185 shares during the period. Blue Trust Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,646,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. ORG Wealth Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $35,000. West Branch Capital LLC increased its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares during the period. Prospera Private Wealth LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $42,000. ST Germain D J Co. Inc. increased its position in 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 valued at $42,000 after purchasing an additional 201 shares during the period. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $59,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $87.22 on Monday. The company has a market capitalization of $51.29 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $89.35 and a two-hundred day simple moving average of $93.36. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. 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.

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.