Sicart Associates LLC Decreases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Sicart Associates LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 122,505 shares of the exchange traded fund’s stock after selling 36,474 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 2.8% of Sicart Associates LLC’s holdings, making the stock its 11th largest holding. Sicart Associates LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,678,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Cary Street Partners Investment Advisory LLC grew its position in iShares 20+ Year Treasury Bond ETF by 130.9% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares during the last quarter. Greykasell Wealth Strategies Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Strategic Investment Advisors MI bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Smartleaf Asset Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $33,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $33,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.64 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The company’s 50 day moving average price is $88.04 and its 200-day moving average price is $88.80. The stock has a market capitalization of $44.44 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.3006 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.