Rice Partnership LLC Sells 466 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Rice Partnership LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,018 shares of the exchange traded fund’s stock after selling 466 shares during the quarter. Rice Partnership LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $176,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TLT. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. ORG Wealth Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. Finally, West Branch Capital LLC grew its position in shares of 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 worth $36,000 after purchasing an additional 203 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.7 %

Shares of NASDAQ:TLT opened at $87.76 on Monday. The company’s 50 day moving average price is $89.12 and its two-hundred day moving average price is $93.17. 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 market cap of $53.34 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.80%.

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.