Berger Financial Group Inc Cuts Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Berger Financial Group Inc lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 131,600 shares of the exchange traded fund’s stock after selling 597 shares during the quarter. Berger Financial Group Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,493,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Johnson Financial Group Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 40.0% in the 4th quarter. Johnson Financial Group Inc. now owns 8,385 shares of the exchange traded fund’s stock valued at $736,000 after purchasing an additional 2,396 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 4,629 shares of the exchange traded fund’s stock worth $404,000 after purchasing an additional 215 shares during the last quarter. Capital Analysts LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.5% during the fourth quarter. Capital Analysts LLC now owns 27,819 shares of the exchange traded fund’s stock worth $2,430,000 after buying an additional 9,457 shares in the last quarter. Pingora Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $131,000. Finally, Voya Financial Advisors Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 55.2% during the fourth quarter. Voya Financial Advisors Inc. now owns 20,263 shares of the exchange traded fund’s stock valued at $1,779,000 after buying an additional 7,211 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.7 %

TLT stock opened at $88.89 on Friday. The stock has a market capitalization of $48.35 billion, a price-to-earnings ratio of -7.06 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock’s fifty day simple moving average is $89.70 and its 200-day simple moving average is $89.93.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.3256 per share. The ex-dividend date was Tuesday, April 1st. This represents a $3.91 dividend on an annualized basis and a dividend yield of 4.40%.

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.