Hollencrest Capital Management Sells 1,386 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Hollencrest Capital Management decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 14,297 shares of the exchange traded fund’s stock after selling 1,386 shares during the period. Hollencrest Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,403,000 as of its most recent filing with the SEC.

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

iShares 20+ Year Treasury Bond ETF Trading Up 1.3 %

Shares of TLT traded up $1.15 during mid-day trading on Friday, reaching $92.48. The company’s stock had a trading volume of 16,019,782 shares, compared to its average volume of 39,969,898. The stock has a market cap of $59.91 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $86.74 and a 52 week high of $101.64. The company’s fifty day moving average price is $96.00 and its two-hundred day moving average price is $94.08.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.3105 per share. This is a positive change 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 yield of 4.03%. The ex-dividend date was Friday, November 1st.

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.