Silver Oak Securities Incorporated Trims Position in iShares 20+ Year Treasury Bond ETF $TLT

Silver Oak Securities Incorporated trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 31.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,319 shares of the exchange traded fund’s stock after selling 6,123 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,170,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in TLT. Signature Wealth Management Group lifted its position in iShares 20+ Year Treasury Bond ETF by 1.0% during the fourth quarter. Signature Wealth Management Group now owns 29,243 shares of the exchange traded fund’s stock valued at $2,549,000 after purchasing an additional 288 shares during the period. Savior LLC grew its position in iShares 20+ Year Treasury Bond ETF by 198.9% during the 4th quarter. Savior LLC now owns 22,021 shares of the exchange traded fund’s stock worth $1,919,000 after purchasing an additional 14,653 shares during the period. Polaris Investment Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $202,000. Ocean Park Asset Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 717.7% during the 4th quarter. Ocean Park Asset Management LLC now owns 131,400 shares of the exchange traded fund’s stock valued at $11,453,000 after buying an additional 115,330 shares during the last quarter. Finally, ORG Partners LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 425.7% during the 4th quarter. ORG Partners LLC now owns 17,131 shares of the exchange traded fund’s stock valued at $1,493,000 after buying an additional 13,872 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.1%

Shares of TLT stock opened at $86.69 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The stock has a market cap of $44.98 billion, a PE ratio of -6.75 and a beta of 0.53. The business has a 50-day simple moving average of $88.02 and a 200-day simple moving average of $88.74.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date 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.