Laird Norton Wetherby Wealth Management LLC Reduces Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Laird Norton Wetherby Wealth Management LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 31.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,299 shares of the exchange traded fund’s stock after selling 1,069 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $201,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TLT. Envestnet Asset Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 15,956,950 shares of the exchange traded fund’s stock worth $1,393,520,000 after buying an additional 298,003 shares during the last quarter. FMR LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 24.3% in the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock worth $635,325,000 after buying an additional 1,421,699 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.1% in the fourth quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after buying an additional 235,504 shares during the last quarter. Capula Management Ltd bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $455,550,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 17.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after buying an additional 353,468 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3%

Shares of NASDAQ:TLT opened at $86.30 on Friday. The firm has a market cap of $46.70 billion, a PE ratio of -7.06 and a beta of 0.06. The company has a fifty day simple moving average of $88.74 and a 200 day simple moving average of $89.34. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were issued a $0.3276 dividend. This represents a $3.93 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date was Thursday, May 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.