iShares 20+ Year Treasury Bond ETF $TLT Stock Sold by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 68.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,134 shares of the exchange traded fund’s stock after selling 37,835 shares during the period. Goelzer Investment Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,333,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $31,000. Summer Road LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 200 shares during the period. Axiom Investment Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. Versant Capital Management Inc boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1,126.1% during the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 518 shares during the period. Finally, Mosley Wealth Management grew its position in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% in the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 596 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $80.05 on Friday. The company has a market cap of $49.95 billion, a P/E ratio of -6.75 and a beta of 0.52. The stock’s 50-day moving average is $80.72 and its 200-day moving average is $83.69. iShares 20+ Year Treasury Bond ETF has a 52-week low of $76.43 and a 52-week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.3116 per share. This represents a $3.74 annualized dividend and a yield of 4.7%. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

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.