iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Panoramic Investment Advisors LLC

Panoramic Investment Advisors LLC decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,968 shares of the exchange traded fund’s stock after selling 7,515 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 1.2% of Panoramic Investment Advisors LLC’s holdings, making the stock its 25th biggest position. Panoramic Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,918,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $32,000. ORG Wealth Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Finally, West Branch Capital LLC grew its holdings in 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 valued at $36,000 after buying an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7 %

Shares of TLT opened at $87.76 on Monday. The firm has a 50-day moving average price of $89.12 and a 200 day moving average price of $93.17. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The firm has a market capitalization of $53.34 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared 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. The ex-dividend date was Wednesday, December 18th. This is a boost 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 4.80%.

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.