Claro Advisors LLC Sells 2,256 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Claro Advisors LLC trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.2% in the third quarter, HoldingsChannel reports. The institutional investor owned 16,198 shares of the exchange traded fund’s stock after selling 2,256 shares during the quarter. Claro Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,589,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of TLT. McAdam LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after acquiring an additional 5,893 shares during the last quarter. Saxon Interests Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.4% during the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 1,355 shares during the period. Riverwater Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $223,000. Vontobel Holding Ltd. lifted its stake in iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after buying an additional 36,070 shares during the period. Finally, Hancock Whitney Corp bought a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $1,674,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $90.08 on Friday. The stock has a 50-day moving average of $95.13 and a 200-day moving average of $94.21. iShares 20+ Year Treasury Bond ETF has a one year low of $87.34 and a one year high of $101.64. The stock has a market cap of $58.35 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.3105 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 annualized dividend and a yield of 4.14%.

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.