Portside Wealth Group LLC Has $1.56 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Portside Wealth Group LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,858 shares of the exchange traded fund’s stock after selling 201 shares during the period. Portside Wealth Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,560,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Prospera Private Wealth LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth $42,000. ST Germain D J Co. Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the last quarter. CarsonAllaria Wealth Management Ltd. bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $59,000. Finally, PSI Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 58.4% in the third quarter. PSI Advisors LLC now owns 654 shares of the exchange traded fund’s stock valued at $64,000 after purchasing an additional 241 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

TLT opened at $87.19 on Friday. The firm has a 50-day moving average price of $89.67 and a 200-day moving average price of $93.53. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The company has a market capitalization of $51.06 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.