LifePlan Investment Advisors Inc. Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

LifePlan Investment Advisors Inc. trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,437 shares of the exchange traded fund’s stock after selling 348 shares during the quarter. LifePlan Investment Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $475,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Independence Bank of Kentucky purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $30,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $32,000. Van ECK Associates Corp boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 178 shares during the period. Finally, West Branch Capital LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1%

TLT stock opened at $87.02 on Monday. The business has a 50 day moving average price of $89.20 and a 200 day moving average price of $89.54. The stock has a market cap of $47.09 billion, a price-to-earnings ratio of -7.06 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.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a dividend of $0.3276 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Thursday, May 1st. This represents a $3.93 annualized dividend and a yield of 4.52%.

iShares 20+ Year Treasury Bond ETF Company 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.