Professional Financial Advisors LLC Sells 45,720 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Professional Financial Advisors LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 83.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,793 shares of the exchange traded fund’s stock after selling 45,720 shares during the period. Professional Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $768,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of TLT. ORG Wealth Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Prospera Private Wealth LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $42,000. ST Germain D J Co. Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares during the period. CarsonAllaria Wealth Management Ltd. acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $59,000. Finally, PSI Advisors LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 58.4% during the 3rd quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 241 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0 %

Shares of TLT stock opened at $85.43 on Tuesday. The company has a market capitalization of $49.57 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $85.04 and a 12-month high of $101.64. The firm has a 50-day moving average price of $90.22 and a 200 day moving average price of $93.73.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.93%. The ex-dividend date was Wednesday, December 18th.

iShares 20+ Year Treasury Bond ETF 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.