Nationwide Fund Advisors Sells 15,784 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Nationwide Fund Advisors decreased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 993,862 shares of the exchange traded fund’s stock after selling 15,784 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 4.9% of Nationwide Fund Advisors’ portfolio, making the stock its 7th largest position. Nationwide Fund Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $88,821,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in TLT. Clearstead Trust LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $25,000. Cary Street Partners Investment Advisory LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 130.9% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 161 shares during the period. Ameritas Investment Partners Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $33,000. Caldwell Trust Co acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $36,000. Finally, Kilter Group LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.7%

iShares 20+ Year Treasury Bond ETF stock opened at $87.93 on Friday. The stock has a market capitalization of $46.54 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.09. The company has a 50 day moving average of $88.58 and a 200-day moving average of $88.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3424 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.7%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.