Kestra Advisory Services LLC Sells 3,395 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kestra Advisory Services LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.3% in the first quarter, Holdings Channel.com reports. The firm owned 258,471 shares of the exchange traded fund’s stock after selling 3,395 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $24,457,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TLT. Rafferty Asset Management LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 134.1% in the fourth quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock valued at $3,615,731,000 after acquiring an additional 20,946,006 shares during the period. Assetmark Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 3,761.2% in the fourth quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock worth $444,750,000 after buying an additional 4,381,387 shares during the period. National Bank of Canada FI increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 5,972.2% in the fourth quarter. National Bank of Canada FI now owns 3,435,793 shares of the exchange traded fund’s stock worth $337,771,000 after buying an additional 3,379,211 shares during the period. TD Asset Management Inc increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 26.2% in the fourth quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock worth $963,038,000 after buying an additional 2,023,240 shares during the period. Finally, Nisa Investment Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $197,760,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT traded up $0.72 during mid-day trading on Friday, hitting $92.99. The stock had a trading volume of 34,423,772 shares, compared to its average volume of 39,892,824. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $100.93. The business has a 50 day moving average price of $92.47 and a two-hundred day moving average price of $92.64. The firm has a market cap of $54.72 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.2911 dividend. This represents a $3.49 annualized dividend and a dividend yield of 3.76%. The ex-dividend date was Monday, July 1st.

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.