Ritholtz Wealth Management Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Ritholtz Wealth Management trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,833 shares of the exchange traded fund’s stock after selling 3,225 shares during the period. Ritholtz Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $509,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Divergent Wealth Advisors raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.1% during the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after purchasing an additional 117 shares during the period. Goelzer Investment Management Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 1.0% during the 3rd quarter. Goelzer Investment Management Inc. now owns 15,186 shares of the exchange traded fund’s stock worth $1,490,000 after buying an additional 143 shares during the period. Pinnacle Family Advisors LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 6.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after buying an additional 147 shares in the last quarter. Claro Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after buying an additional 149 shares during the last quarter. Finally, Empirical Asset Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.5% during the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after acquiring an additional 152 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $87.19 on Tuesday. The firm has a market cap of $51.62 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The stock’s 50-day simple moving average is $89.57 and its 200-day simple moving average is $93.51.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.83%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.