Maridea Wealth Management LLC Decreases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Maridea Wealth Management LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 74.8% in the 2nd quarter, HoldingsChannel reports. The firm owned 8,461 shares of the exchange traded fund’s stock after selling 25,124 shares during the quarter. Maridea Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $747,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently modified their holdings of TLT. Brighton Jones LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.0% in the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 601 shares during the last quarter. American Assets Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $437,000. Park Square Financial Group LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $97,000. BridgePort Financial Solutions LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $216,000. Finally, SpringVest Wealth Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $942,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4%

Shares of NASDAQ:TLT opened at $88.98 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $99.33. The stock has a market cap of $49.75 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The business has a 50-day moving average price of $87.54 and a 200-day moving average price of $87.60.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.3281 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Tuesday, September 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.