ODonnell Financial Services LLC Has $7.50 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

ODonnell Financial Services LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 81,133 shares of the exchange traded fund’s stock after selling 29,556 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 3.3% of ODonnell Financial Services LLC’s holdings, making the stock its 10th largest position. ODonnell Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,501,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Divergent Wealth Advisors grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after purchasing an additional 117 shares during the last quarter. Goelzer Investment Management Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 1.0% during the 3rd quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock worth $1,490,000 after buying an additional 143 shares during the period. Pinnacle Family Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.3% during the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after buying an additional 147 shares in the last quarter. Claro Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after acquiring an additional 149 shares in the last quarter. Finally, Empirical Asset Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 2.5% during the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock worth $610,000 after acquiring an additional 152 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.7 %

NASDAQ TLT opened at $87.76 on Friday. 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 50-day moving average price of $89.12 and a two-hundred day moving average price of $93.18. The company has a market capitalization of $53.34 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change 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.