WestEnd Advisors LLC Decreases Stake in iShares 20+ Year Treasury Bond ETF $TLT

WestEnd Advisors LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 890,967 shares of the exchange traded fund’s stock after selling 32,348 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.8% of WestEnd Advisors LLC’s investment portfolio, making the stock its 16th largest position. WestEnd Advisors LLC owned 0.17% of iShares 20+ Year Treasury Bond ETF worth $77,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Greykasell Wealth Strategies Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Strategic Investment Advisors MI bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. First Command Advisory Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $33,000. Smartleaf Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $33,000. Finally, Trust Co. of Vermont grew its position in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 181 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $87.07 on Friday. The firm has a market cap of $42.43 billion, a P/E ratio of -6.75 and a beta of 0.57. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $92.18. The business’s 50 day moving average price is $87.84 and its 200-day moving average price is $88.50.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were given a $0.3448 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.