Charter Oak Capital Management LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Charter Oak Capital Management LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.6% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,422 shares of the exchange traded fund’s stock after selling 780 shares during the quarter. Charter Oak Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in TLT. 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 valued at $437,640,000 after purchasing an additional 4,322,688 shares during the period. Harvest Portfolios Group Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 33.0% during the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after buying an additional 683,915 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares during the last quarter. Hantz Financial Services Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 14.0% in the third quarter. Hantz Financial Services Inc. now owns 1,782,601 shares of the exchange traded fund’s stock worth $174,873,000 after acquiring an additional 219,372 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 25.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock worth $171,541,000 after acquiring an additional 354,610 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $88.29 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The business has a fifty day moving average price of $89.31 and a 200-day moving average price of $93.33. The firm has a market capitalization of $52.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.351 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 annualized dividend and a dividend yield of 4.77%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.