Tortoise Investment Management LLC Sells 13,589 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Tortoise Investment Management LLC decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,520 shares of the exchange traded fund’s stock after selling 13,589 shares during the period. Tortoise Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,638,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of TLT. Yukon Wealth Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 0.5% during the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after purchasing an additional 118 shares in the last quarter. Advyzon Investment Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 124 shares in the last quarter. United Asset Strategies Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 1.2% in the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after purchasing an additional 126 shares in the last quarter. Harvest Fund Management Co. Ltd grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares during the last quarter. Finally, Stronghold Wealth Management L.L.C. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.8% during the second quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock worth $1,410,000 after purchasing an additional 132 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 $81.73 on Thursday. The business has a fifty day moving average of $83.11 and a 200-day moving average of $85.32. iShares 20+ Year Treasury Bond ETF has a twelve month low of $81.17 and a twelve month high of $92.18. The firm has a market cap of $41.17 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.3147 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, September 1st.

iShares 20+ Year Treasury Bond ETF 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.