Able Wealth Management LLC Sells 6,034 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Able Wealth Management LLC decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 55.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 4,860 shares of the exchange traded fund’s stock after selling 6,034 shares during the quarter. Able Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $421,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. Strategic Investment Advisors MI acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $31,000. Summer Road LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares in the last quarter. Trust Co. of Vermont boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 90.5% during the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 181 shares in the last quarter. Finally, Stone House Investment Management LLC grew its position in iShares 20+ Year Treasury Bond ETF by 1,066.7% during the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 352 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.0%

Shares of TLT opened at $85.52 on Thursday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The business has a 50-day simple moving average of $85.65 and a two-hundred day simple moving average of $86.99. The stock has a market cap of $42.55 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.318 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Wednesday, July 1st.

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.