Foundations Investment Advisors LLC Sells 55,207 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Foundations Investment Advisors LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 50.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 53,362 shares of the exchange traded fund’s stock after selling 55,207 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,651,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. CPR Investments Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 164.4% during the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after buying an additional 47,741 shares during the last quarter. Alliance Wealth Advisors LLC UT bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $1,378,000. Benin Management CORP bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $4,655,000. AE Wealth Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 80.7% during the third quarter. AE Wealth Management LLC now owns 198,486 shares of the exchange traded fund’s stock valued at $17,739,000 after buying an additional 88,648 shares during the last quarter. Finally, Affinity Wealth Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.6% in the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after purchasing an additional 7,325 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $85.74 on Friday. The firm has a fifty day moving average price of $85.94 and a 200 day moving average price of $87.53. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The firm has a market cap of $42.66 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a $0.3153 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.