Cadent Capital Advisors LLC Has $300,000 Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Cadent Capital Advisors LLC lessened its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 98.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 3,356 shares of the exchange traded fund’s stock after selling 165,379 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $300,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in TLT. Clearstead Trust LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $25,000. Cary Street Partners Investment Advisory LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 161 shares during the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $33,000. Caldwell Trust Co acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Finally, Kilter Group LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $37,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $88.00 on Friday. The firm has a fifty day moving average of $89.43 and a two-hundred day moving average of $88.26. The stock has a market capitalization of $48.20 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.29 and a 52 week high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.