iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Charter Oak Capital Management LLC

Charter Oak Capital Management LLC reduced its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,736 shares of the exchange traded fund’s stock after selling 686 shares during the period. Charter Oak Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $249,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of TLT. NBC Securities Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth approximately $25,000. Van ECK Associates Corp boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 178 shares during the last quarter. Fairway Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $63,000. Guardian Wealth Advisors LLC NC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 92.0% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 772 shares of the exchange traded fund’s stock worth $67,000 after acquiring an additional 370 shares during the last quarter. Finally, Equitec Proprietary Markets LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 33.3% in the fourth quarter. Equitec Proprietary Markets LLC now owns 800 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 200 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $85.35 on Monday. The business’s 50 day moving average price is $87.24 and its 200-day moving average price is $88.74. The firm has a market capitalization of $49.24 billion, a PE ratio of -6.75 and a beta of 0.48. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.30 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.