Snowden Capital Advisors LLC Has $2.22 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Snowden Capital Advisors LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,410 shares of the exchange traded fund’s stock after selling 1,948 shares during the quarter. Snowden Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,219,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Independence Bank of Kentucky bought a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $26,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Van ECK Associates Corp raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares in the last quarter. Finally, West Branch Capital LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3%

NASDAQ:TLT opened at $86.30 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The firm has a fifty day simple moving average of $88.74 and a 200 day simple moving average of $89.34. The stock has a market capitalization of $46.70 billion, a PE ratio of -7.06 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a dividend of $0.3276 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $3.93 annualized dividend and a yield of 4.56%. The ex-dividend date was Thursday, May 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.