Arrowroot Family Office LLC Has $833,000 Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Arrowroot Family Office LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.8% during the third quarter, HoldingsChannel.com reports. The firm owned 8,492 shares of the exchange traded fund’s stock after selling 2,508 shares during the quarter. Arrowroot Family Office LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $833,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in TLT. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $35,000. Anfield Capital Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Finally, PSI Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 79.6% during the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 183 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 1.0 %

Shares of NASDAQ:TLT opened at $93.97 on Monday. The firm has a market cap of $59.70 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64. The company’s fifty day simple moving average is $93.44 and its 200 day simple moving average is $94.33.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.3105 dividend. This represents a $3.73 dividend on an annualized basis and a dividend yield of 3.97%. This is a positive change 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.

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.