Refined Wealth Management Sells 251 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Refined Wealth Management lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 85,837 shares of the exchange traded fund’s stock after selling 251 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 5.7% of Refined Wealth Management’s holdings, making the stock its 7th biggest position. Refined Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,496,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. ORG Wealth Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. West Branch Capital LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Prospera Private Wealth LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $42,000. ST Germain D J Co. Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $59,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $87.22 on Monday. The company has a market capitalization of $51.29 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The company has a 50-day simple moving average of $89.35 and a two-hundred day simple moving average of $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.