FSC Wealth Advisors LLC Has $147,000 Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

FSC Wealth Advisors LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,680 shares of the exchange traded fund’s stock after selling 433 shares during the period. FSC Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $147,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares 20+ Year Treasury Bond ETF Trading Up 1.2 %

NASDAQ:TLT opened at $88.29 on Tuesday. The stock’s 50-day moving average is $89.31 and its 200-day moving average is $93.33. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The stock has a market cap of $52.19 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.77%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.