Janney Montgomery Scott LLC Sells 182,991 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Janney Montgomery Scott LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,549,197 shares of the exchange traded fund’s stock after selling 182,991 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 0.7% of Janney Montgomery Scott LLC’s investment portfolio, making the stock its 20th biggest position. Janney Montgomery Scott LLC owned 0.50% of iShares 20+ Year Treasury Bond ETF worth $241,205,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Psagot Value Holdings Ltd. Israel acquired a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $25,000. Register Financial Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $28,000. Bfsg LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% in the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 294 shares in the last quarter. Rosenberg Matthew Hamilton raised its position in iShares 20+ Year Treasury Bond ETF by 8,825.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 353 shares during the last quarter. Finally, Cherry Tree Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT traded up $0.76 during mid-day trading on Friday, reaching $92.56. The stock had a trading volume of 34,895,512 shares, compared to its average volume of 40,617,457. The firm’s fifty day simple moving average is $91.63 and its two-hundred day simple moving average is $93.25. The stock has a market capitalization of $53.63 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $102.98.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.2911 dividend. This represents a $3.49 annualized dividend and a yield of 3.77%. The ex-dividend date of this dividend was Monday, July 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.