Gries Financial LLC Sells 15,656 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Gries Financial LLC cut its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,380 shares of the exchange traded fund’s stock after selling 15,656 shares during the quarter. Gries Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,264,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the company. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $35,000. West Branch Capital LLC grew its position in 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 acquiring an additional 203 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $42,000. ST Germain D J Co. Inc. grew its position 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 buying an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $59,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $88.01 on Thursday. The firm has a market cap of $52.02 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The business’s 50 day moving average price is $89.21 and its 200-day moving average price is $93.25.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.79%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.