Watts Gwilliam & Co. LLC Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Watts Gwilliam & Co. LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.9% in the 4th quarter, HoldingsChannel reports. The firm owned 53,919 shares of the exchange traded fund’s stock after selling 4,021 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.0% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 23rd biggest holding. Watts Gwilliam & Co. LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,633,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares during the period. Assetmark Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares during the period. Cibc World Market Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after acquiring an additional 1,511,435 shares during the last quarter. Ocean Park Asset Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $95,153,000. Finally, Quadrature Capital Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $89,789,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ:TLT opened at $86.03 on Friday. The firm has a market capitalization of $49.52 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a 50-day moving average price of $90.33 and a two-hundred day moving average price of $93.79. iShares 20+ Year Treasury Bond ETF has a twelve month low of $85.34 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.351 dividend. 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. This represents a $4.21 annualized dividend and a yield of 4.90%.

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.