Continuum Advisory LLC Sells 4,600 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Continuum Advisory LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 171,983 shares of the exchange traded fund’s stock after selling 4,600 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 1.9% of Continuum Advisory LLC’s portfolio, making the stock its 9th largest holding. Continuum Advisory LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,019,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of TLT. Hazlett Burt & Watson Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.9% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock worth $214,000 after buying an additional 115 shares during the period. Southeast Asset Advisors LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 1.1% during the fourth quarter. Southeast Asset Advisors LLC now owns 11,094 shares of the exchange traded fund’s stock valued at $969,000 after purchasing an additional 119 shares in the last quarter. Main Street Group LTD grew its position in shares of iShares 20+ Year Treasury Bond ETF by 16.0% in the fourth quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 120 shares during the period. Hollencrest Capital Management grew its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock valued at $1,259,000 after purchasing an additional 122 shares during the period. Finally, Islay Capital Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.9% during the fourth quarter. Islay Capital Management LLC now owns 3,392 shares of the exchange traded fund’s stock worth $296,000 after purchasing an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.43 on Wednesday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.63 and a twelve month high of $101.64. The firm has a market capitalization of $46.23 billion, a PE ratio of -6.91 and a beta of 0.06. The firm’s 50-day moving average price is $88.56 and its 200 day moving average price is $89.26.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a $0.3276 dividend. This represents a $3.93 annualized dividend and a dividend yield of 4.60%. The ex-dividend date was Thursday, May 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.