Verus Capital Partners LLC Sells 1,839 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Verus Capital Partners LLC decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,035 shares of the exchange traded fund’s stock after selling 1,839 shares during the period. Verus Capital Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,124,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares during the period. Jane Street Group LLC raised its position in iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Assetmark Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after buying an additional 4,322,688 shares during the last quarter. Annex Advisory Services LLC boosted its position in 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 acquiring an additional 2,516,950 shares during the last quarter. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $143,473,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5 %

Shares of TLT stock opened at $92.04 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $86.90 and a 12 month high of $101.64. The company’s fifty day simple moving average is $95.83 and its 200-day simple moving average is $94.21. The firm has a market cap of $59.62 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3105 per share. The ex-dividend date was Friday, November 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.05%.

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.