Shepherd Financial Partners LLC Sells 2,499 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Shepherd Financial Partners LLC lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 46.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,911 shares of the exchange traded fund’s stock after selling 2,499 shares during the quarter. Shepherd Financial Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $286,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after purchasing an additional 31,502,110 shares during the period. Jane Street Group LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% during the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after purchasing an additional 6,457,638 shares during the period. Annex Advisory Services LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% during the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after purchasing an additional 2,516,950 shares during the period. Hantz Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $143,473,000. Finally, Cibc World Market Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.9% during the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing an additional 1,511,435 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.4 %

NASDAQ TLT opened at $90.84 on Friday. The stock has a market cap of $57.97 billion, a P/E ratio of -7.14 and a beta of 0.06. The company’s 50-day simple moving average is $96.50 and its 200 day simple moving average is $94.00. iShares 20+ Year Treasury Bond ETF has a twelve month low of $86.22 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be paid a $0.3105 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a yield of 4.10%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.