Ridgeline Wealth LLC Sells 300 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Ridgeline Wealth LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,531 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Ridgeline Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $230,000 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 the business. Betterment LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 916.5% in the 4th quarter. Betterment LLC now owns 56,810 shares of the exchange traded fund’s stock valued at $4,961,000 after acquiring an additional 51,221 shares in the last quarter. Palogic Value Management L.P. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $3,013,000. Vermillion & White Wealth Management Group LLC grew its position in iShares 20+ Year Treasury Bond ETF by 25.2% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 13,227 shares of the exchange traded fund’s stock worth $1,155,000 after acquiring an additional 2,666 shares during the last quarter. Kestra Advisory Services LLC grew its position in iShares 20+ Year Treasury Bond ETF by 37.7% during the 4th quarter. Kestra Advisory Services LLC now owns 436,498 shares of the exchange traded fund’s stock worth $38,119,000 after acquiring an additional 119,495 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 50.7% in the 4th quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after buying an additional 304,416 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.3%

NASDAQ TLT opened at $85.35 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.30 and a twelve month high of $101.64. The firm has a market capitalization of $46.18 billion, a PE ratio of -6.91 and a beta of 0.06. The stock’s 50 day moving average is $87.24 and its 200 day moving average is $88.76.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were given a $0.3195 dividend. This represents a $3.83 annualized dividend and a dividend yield of 4.49%. The ex-dividend date of this dividend was Monday, June 2nd.

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.