Spire Wealth Management Sells 12,840 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Spire Wealth Management lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 27.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,239 shares of the exchange traded fund’s stock after selling 12,840 shares during the period. Spire Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,903,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in TLT. Principal Financial Group Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after acquiring an additional 27,586 shares during the last quarter. Vontobel Holding Ltd. increased its stake in iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after acquiring an additional 36,070 shares during the period. Commerce Bank raised its position in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 25.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock worth $171,541,000 after buying an additional 354,610 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $87.76 on Monday. The stock has a market cap of $53.34 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm has a 50 day moving average price of $89.12 and a two-hundred day moving average price of $93.17. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date was Wednesday, December 18th.

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.