Aspire Wealth Management Corp Sells 465 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Aspire Wealth Management Corp trimmed its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,375 shares of the exchange traded fund’s stock after selling 465 shares during the period. Aspire Wealth Management Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $135,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Motco acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth $35,000. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. Finally, Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $36,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 1.3 %

TLT stock traded up $1.22 during trading on Friday, reaching $92.55. 12,089,368 shares of the stock were exchanged, compared to its average volume of 39,930,699. iShares 20+ Year Treasury Bond ETF has a twelve month low of $86.74 and a twelve month high of $101.64. The company has a market capitalization of $59.95 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock has a 50 day simple moving average of $96.00 and a 200-day simple moving average of $94.08.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.03%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Friday, November 1st.

About iShares 20+ Year Treasury Bond ETF

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.