Clay Northam Wealth Management LLC Sells 8,139 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Clay Northam Wealth Management LLC reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,474 shares of the exchange traded fund’s stock after selling 8,139 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 1.4% of Clay Northam Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Clay Northam Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,569,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its stake in iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after purchasing an additional 10,380,437 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after purchasing an additional 1,418,641 shares in the last quarter. Morgan Stanley increased its stake in iShares 20+ Year Treasury Bond ETF by 31.3% during the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after purchasing an additional 4,577,906 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Finally, Harvest Portfolios Group Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 0.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock valued at $315,958,000 after purchasing an additional 33,088 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $86.33 on Thursday. The firm has a market cap of $42.96 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The firm has a 50-day simple moving average of $85.66 and a two-hundred day simple moving average of $87.12.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.3358 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.