iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Arvest Investments Inc.

Arvest Investments Inc. lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 84,785 shares of the exchange traded fund’s stock after selling 644 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 1.3% of Arvest Investments Inc.’s investment portfolio, making the stock its 20th largest holding. Arvest Investments Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,317,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $34,000. Riggs Asset Managment Co. Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $35,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $36,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.3 %

Shares of TLT traded up $1.16 during midday trading on Friday, reaching $92.49. The company had a trading volume of 56,756,175 shares, compared to its average volume of 40,157,348. iShares 20+ Year Treasury Bond ETF has a 1-year low of $86.74 and a 1-year high of $101.64. The stock has a market cap of $59.92 billion, a PE ratio of -7.14 and a beta of 0.06. The firm has a 50 day simple moving average of $95.92 and a 200-day simple moving average of $94.14.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. The ex-dividend date was Friday, November 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.03%.

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.