WestEnd Advisors LLC Sells 81,180 Shares of iShares 20+ Year Treasury Bond ETF $TLT

WestEnd Advisors LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 788,523 shares of the exchange traded fund’s stock after selling 81,180 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 1.7% of WestEnd Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. WestEnd Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $69,588,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of TLT. NBC Securities Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $25,000. Byrne Asset Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $26,000. Proathlete Wealth Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $28,000. Coastline Trust Co bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $32,000. Finally, First Pacific Financial bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $38,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $89.18 on Wednesday. The stock has a market capitalization of $48.80 billion, a PE ratio of -6.75 and a beta of 0.06. The company’s 50-day moving average is $88.11 and its 200-day moving average is $87.49. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.3104 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares 20+ Year Treasury Bond ETF 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.