Harbour Investments Inc. Decreases Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Harbour Investments Inc. cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 73,179 shares of the exchange traded fund’s stock after selling 30,618 shares during the period. Harbour Investments Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in TLT. Motco purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $32,000. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $35,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $36,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $92.04 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $86.90 and a one year high of $101.64. The firm has a market cap of $59.62 billion, a PE ratio of -7.14 and a beta of 0.06. The firm’s 50 day moving average price is $95.83 and its 200-day moving average price is $94.21.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.3105 dividend. This represents a $3.73 annualized dividend and a dividend yield of 4.05%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

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.