Rovin Capital UT ADV Trims Position in iShares 20+ Year Treasury Bond ETF $TLT

Rovin Capital UT ADV lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 89.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,342 shares of the exchange traded fund’s stock after selling 19,349 shares during the quarter. Rovin Capital UT ADV’s holdings in iShares 20+ Year Treasury Bond ETF were worth $209,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TLT. Formidable Asset Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.7% in the 3rd quarter. Formidable Asset Management LLC now owns 22,936 shares of the exchange traded fund’s stock valued at $2,024,000 after purchasing an additional 387 shares during the last quarter. Beacon Financial Advisory LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $204,000. Sequoia Financial Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 49.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,549 shares of the exchange traded fund’s stock valued at $317,000 after buying an additional 1,176 shares during the last quarter. Occidental Asset Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 9.2% in the 3rd quarter. Occidental Asset Management LLC now owns 164,764 shares of the exchange traded fund’s stock valued at $14,725,000 after buying an additional 13,948 shares during the period. Finally, AllGen Financial Advisors Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $3,454,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $87.80 on Tuesday. The stock has a market capitalization of $46.77 billion, a PE ratio of -6.75 and a beta of 0.53. The company has a fifty day moving average of $88.38 and a 200-day moving average of $88.38. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.3424 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

About iShares 20+ Year Treasury Bond ETF

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.