Koshinski Asset Management Inc. Sells 5,790 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Koshinski Asset Management Inc. lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 34.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,788 shares of the exchange traded fund’s stock after selling 5,790 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $942,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. SFG Wealth Management LLC. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $1,045,000. LPF Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.2% in the fourth quarter. LPF Advisors LLC now owns 76,324 shares of the exchange traded fund’s stock valued at $6,665,000 after buying an additional 4,441 shares in the last quarter. Wooster Corthell Wealth Management Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 14.1% during the fourth quarter. Wooster Corthell Wealth Management Inc. now owns 75,677 shares of the exchange traded fund’s stock valued at $6,609,000 after buying an additional 9,367 shares during the last quarter. Diversify Advisory Services LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 16.3% during the fourth quarter. Diversify Advisory Services LLC now owns 37,149 shares of the exchange traded fund’s stock worth $3,175,000 after acquiring an additional 5,205 shares in the last quarter. Finally, Smart Money Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 24.1% during the fourth quarter. Smart Money Group LLC now owns 36,644 shares of the exchange traded fund’s stock worth $3,200,000 after acquiring an additional 7,117 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $87.97 on Wednesday. The firm’s 50-day simple moving average is $89.52 and its 200 day simple moving average is $93.48. The stock has a market cap of $52.08 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given 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. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.79%.

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.