Herold Advisors Inc. Sells 318 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Herold Advisors Inc. lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,672 shares of the exchange traded fund’s stock after selling 318 shares during the period. Herold Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $363,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Morgan Stanley raised its position in iShares 20+ Year Treasury Bond ETF by 19.7% in the third quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock worth $3,500,096,000 after acquiring an additional 6,505,853 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 135.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock worth $1,429,728,000 after purchasing an additional 9,270,435 shares during the period. Rafferty Asset Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 17.7% during the third quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock valued at $1,385,414,000 after purchasing an additional 2,352,314 shares in the last quarter. LPL Financial LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 102.7% during the third quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock valued at $409,223,000 after purchasing an additional 2,337,389 shares during the period. Finally, Ameriprise Financial Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 4.6% in the third quarter. Ameriprise Financial Inc. now owns 4,191,099 shares of the exchange traded fund’s stock worth $372,384,000 after buying an additional 184,475 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

NASDAQ:TLT traded up $0.46 during trading hours on Friday, hitting $88.24. 31,582,996 shares of the stock traded hands, compared to its average volume of 43,437,523. The stock has a 50 day moving average price of $92.48 and a 200 day moving average price of $92.49. The company has a market cap of $45.58 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $106.76.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.3124 per share. This represents a $3.75 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Monday, April 1st.

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.