Meridian Financial Partners LLC Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Meridian Financial Partners LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 62.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,546 shares of the exchange traded fund’s stock after selling 31,355 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 0.9% of Meridian Financial Partners LLC’s portfolio, making the stock its 26th biggest position. Meridian Financial Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,620,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of TLT. Principal Financial Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares during the period. Vontobel Holding Ltd. raised its position in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares in the last quarter. RPg Family Wealth Advisory LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 11.5% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 24,583 shares of the exchange traded fund’s stock valued at $2,256,000 after buying an additional 2,541 shares during the period. Full Sail Capital LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 5.3% during the second quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock worth $6,461,000 after buying an additional 3,530 shares in the last quarter. Finally, Commerce Bank increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after buying an additional 2,426 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.2 %

Shares of NASDAQ:TLT opened at $85.29 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The firm’s 50 day moving average price is $89.93 and its 200 day moving average price is $93.62. The stock has a market cap of $49.49 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.94%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th.

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.