RiverFront Investment Group LLC Sells 3,524 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

RiverFront Investment Group LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 32.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,372 shares of the exchange traded fund’s stock after selling 3,524 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $729,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Paradigm Financial Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $205,000. Stonebrook Private Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $9,726,000. Principle Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $250,000. Transcend Capital Advisors LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 13.6% during the 4th quarter. Transcend Capital Advisors LLC now owns 44,450 shares of the exchange traded fund’s stock worth $4,395,000 after acquiring an additional 5,338 shares during the period. Finally, Consolidated Planning Corp lifted its stake in iShares 20+ Year Treasury Bond ETF by 1,317.4% in the 4th quarter. Consolidated Planning Corp now owns 350,185 shares of the exchange traded fund’s stock valued at $34,626,000 after purchasing an additional 325,479 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

NASDAQ:TLT traded up $0.46 on Friday, hitting $88.24. The company had a trading volume of 31,589,821 shares, compared to its average volume of 43,437,523. The stock has a market capitalization of $44.68 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06. The firm has a 50 day moving average of $92.39 and a two-hundred day moving average of $92.50. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $106.76.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.3124 dividend. This represents a $3.75 annualized dividend and a yield of 4.25%. The ex-dividend date was Monday, April 1st.

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.