iShares 20+ Year Treasury Bond ETF $TLT Position Reduced by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 392,161 shares of the exchange traded fund’s stock after selling 20,925 shares during the period. Kestra Advisory Services LLC owned about 0.08% of iShares 20+ Year Treasury Bond ETF worth $33,996,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of TLT. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $31,000. Summer Road LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. Trust Co. of Vermont raised its stake in iShares 20+ Year Treasury Bond ETF by 90.5% during the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares in the last quarter. Finally, Stone House Investment Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 352 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0%

NASDAQ:TLT traded down $0.02 during trading hours on Friday, reaching $84.47. 14,442,171 shares of the stock were exchanged, compared to its average volume of 32,720,563. The stock has a market capitalization of $41.60 billion, a P/E ratio of -6.75 and a beta of 0.51. The firm has a 50 day simple moving average of $85.44 and a 200-day simple moving average of $86.86. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.318 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

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. 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.