Clay Northam Wealth Management LLC Reduces Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Clay Northam Wealth Management LLC lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 29,474 shares of the exchange traded fund’s stock after selling 8,139 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 1.4% of Clay Northam Wealth Management LLC’s portfolio, making the stock its 16th biggest position. Clay Northam Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,569,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. CPR Investments Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after acquiring an additional 47,741 shares during the last quarter. Alliance Wealth Advisors LLC UT purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $1,378,000. Benin Management CORP purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $4,655,000. Affinity Wealth Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock valued at $25,265,000 after acquiring an additional 7,325 shares during the last quarter. Finally, Consolidated Portfolio Review Corp boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 129.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock valued at $1,439,000 after acquiring an additional 9,084 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

TLT opened at $86.33 on Thursday. The company has a market cap of $42.96 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The company’s 50 day moving average is $85.66 and its 200 day moving average is $87.12. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3358 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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. 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.