Janney Capital Management LLC Sells 6,454 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Janney Capital Management LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.2% in the 4th quarter, Holdings Channel reports. The firm owned 98,407 shares of the exchange traded fund’s stock after selling 6,454 shares during the quarter. Janney Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,594,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of TLT. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. West Branch Capital LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in 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 in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $42,000. ST Germain D J Co. Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $59,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.7 %

NASDAQ TLT opened at $87.76 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The company has a 50 day moving average of $89.52 and a 200-day moving average of $93.48. The firm has a market cap of $51.95 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders 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 dividend yield of 4.80%. 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.

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.