Greenup Street Wealth Management LLC Cuts Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Greenup Street Wealth Management LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,950 shares of the exchange traded fund’s stock after selling 9,098 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 2.1% of Greenup Street Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Greenup Street Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $13,490,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Clearstead Trust LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth $25,000. Cary Street Partners Investment Advisory LLC lifted 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 worth $25,000 after purchasing an additional 161 shares during the period. Ameritas Investment Partners Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $33,000. Caldwell Trust Co purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $36,000. Finally, Kilter Group LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $37,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $87.74 on Friday. The company has a 50-day simple moving average of $89.36 and a two-hundred day simple moving average of $88.28. The firm has a market capitalization of $48.06 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.