ProVise Management Group LLC Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

ProVise Management Group LLC trimmed its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,398 shares of the exchange traded fund’s stock after selling 719 shares during the period. ProVise Management Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $435,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in TLT. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 135.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock valued at $1,429,728,000 after buying an additional 9,270,435 shares during the period. Morgan Stanley raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 19.7% in the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock valued at $3,500,096,000 after purchasing an additional 6,505,853 shares in the last quarter. Assetmark Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,761.2% in the 4th quarter. Assetmark Inc. now owns 4,497,876 shares of the exchange traded fund’s stock valued at $444,750,000 after purchasing an additional 4,381,387 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5,972.2% in the 4th quarter. National Bank of Canada FI now owns 3,435,793 shares of the exchange traded fund’s stock valued at $337,771,000 after purchasing an additional 3,379,211 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 17.7% in the 3rd quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock valued at $1,385,414,000 after purchasing an additional 2,352,314 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT traded up $0.27 during trading hours on Friday, hitting $91.38. The company’s stock had a trading volume of 19,164,425 shares, compared to its average volume of 41,910,563. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $103.95. The company has a market capitalization of $46.69 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm’s fifty day moving average price is $90.97 and its 200 day moving average price is $93.25.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a $0.3077 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.69 annualized dividend and a dividend yield of 4.04%.

iShares 20+ Year Treasury Bond ETF 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.