Lauer Wealth LLC Sells 9,318 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Lauer Wealth LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 16,670 shares of the exchange traded fund’s stock after selling 9,318 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.1% of Lauer Wealth LLC’s investment portfolio, making the stock its 17th largest position. Lauer Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,511,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in TLT. Smith Salley Wealth Management increased its position in iShares 20+ Year Treasury Bond ETF by 6.9% during the 3rd quarter. Smith Salley Wealth Management now owns 75,855 shares of the exchange traded fund’s stock valued at $6,779,000 after purchasing an additional 4,907 shares during the period. Forefront Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $578,000. Ascent Group LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 29.6% in the 3rd quarter. Ascent Group LLC now owns 18,419 shares of the exchange traded fund’s stock valued at $1,646,000 after purchasing an additional 4,210 shares during the last quarter. Klaas Financial Asset Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the third quarter. Klaas Financial Asset Advisors LLC now owns 105,246 shares of the exchange traded fund’s stock worth $9,406,000 after buying an additional 2,327 shares during the period. Finally, LifeWealth Investments LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 2.2% during the third quarter. LifeWealth Investments LLC now owns 66,866 shares of the exchange traded fund’s stock worth $5,976,000 after buying an additional 1,433 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

Shares of TLT opened at $87.86 on Wednesday. The firm’s fifty day simple moving average is $89.21 and its two-hundred day simple moving average is $88.33. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.09. The stock has a market capitalization of $48.13 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3424 dividend. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Friday, December 19th.

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.