Crestone Asset Management LLC Trims Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Crestone Asset Management LLC lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 322,928 shares of the exchange traded fund’s stock after selling 8,118 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 7.2% of Crestone Asset Management LLC’s holdings, making the stock its 4th largest holding. Crestone Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $31,931,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 135.3% during the third quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock valued at $1,429,728,000 after buying an additional 9,270,435 shares during the period. Morgan Stanley lifted its stake in iShares 20+ Year Treasury Bond ETF by 19.7% during the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock valued at $3,500,096,000 after acquiring an additional 6,505,853 shares during the period. National Bank of Canada FI increased its position in iShares 20+ Year Treasury Bond ETF by 5,972.2% during the fourth quarter. National Bank of Canada FI now owns 3,435,793 shares of the exchange traded fund’s stock valued at $337,771,000 after acquiring an additional 3,379,211 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 17.7% in the 3rd quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock worth $1,385,414,000 after purchasing an additional 2,352,314 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 102.7% in the 3rd quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock worth $409,223,000 after purchasing an additional 2,337,389 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock traded down $0.55 during trading on Wednesday, hitting $90.19. 31,145,596 shares of the company’s stock traded hands, compared to its average volume of 43,291,492. The stock has a market capitalization of $46.08 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $105.52. The business has a fifty day simple moving average of $91.88 and a 200 day simple moving average of $92.78.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.3077 per share. The ex-dividend date was Wednesday, May 1st. This represents a $3.69 annualized dividend and a yield of 4.09%.

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.