Magnus Financial Group LLC Sells 6,019 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Magnus Financial Group LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 68.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,827 shares of the exchange traded fund’s stock after selling 6,019 shares during the period. Magnus Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $247,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $35,000. West Branch Capital LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares in the last quarter. Prospera Private Wealth LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $42,000. ST Germain D J Co. Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 201 shares during the last quarter. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at $59,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $86.83 on Friday. The stock has a market cap of $51.06 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The firm’s 50-day moving average is $89.41 and its 200 day moving average is $93.39.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.85%.

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.