Valeo Financial Advisors LLC Sells 74,590 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Valeo Financial Advisors LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 93.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,623 shares of the exchange traded fund’s stock after selling 74,590 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $503,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in TLT. JPMorgan Chase & Co. grew its position in iShares 20+ Year Treasury Bond ETF by 84.9% in the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after acquiring an additional 3,632,572 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares 20+ Year Treasury Bond ETF by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after purchasing an additional 2,508,650 shares during the last quarter. Privium Fund Management UK Ltd purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $51,588,000. Meeder Asset Management Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $45,443,000. Finally, Quaker Wealth Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 205.6% during the 2nd quarter. Quaker Wealth Management LLC now owns 173,786 shares of the exchange traded fund’s stock valued at $15,337,000 after buying an additional 338,376 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $87.13 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $94.09. The business has a 50 day moving average of $88.06 and a 200 day moving average of $88.42. The company has a market capitalization of $45.34 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

About iShares 20+ Year Treasury Bond ETF

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.