Westside Investment Management Inc. Has $444,000 Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Westside Investment Management Inc. reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 70.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,087 shares of the exchange traded fund’s stock after selling 11,866 shares during the quarter. Westside Investment Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $444,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Fund Evaluation Group LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $232,000. EverSource Wealth Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 150.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,605 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 2,764 shares during the period. Providence Capital Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 4.1% in the 2nd quarter. Providence Capital Advisors LLC now owns 22,656 shares of the exchange traded fund’s stock valued at $2,079,000 after buying an additional 882 shares during the last quarter. Mill Creek Capital Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 10.9% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 115,562 shares of the exchange traded fund’s stock worth $10,606,000 after buying an additional 11,335 shares during the period. Finally, Semmax Financial Advisors Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11.7% during the second quarter. Semmax Financial Advisors Inc. now owns 35,534 shares of the exchange traded fund’s stock worth $3,457,000 after buying an additional 3,732 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

TLT opened at $87.75 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 business has a 50 day moving average of $89.52 and a 200-day moving average of $93.48. The stock has a market capitalization 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 declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. This represents a $4.21 annualized dividend and a 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 of this dividend was Wednesday, December 18th.

iShares 20+ Year Treasury Bond ETF 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.