iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Trek Financial LLC

Trek Financial LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 52.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,434 shares of the exchange traded fund’s stock after selling 29,771 shares during the period. Trek Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,421,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TLT. Northwestern Mutual Wealth Management Co. grew its stake in iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after acquiring an additional 2,508,650 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 200.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock valued at $3,281,866,000 after purchasing an additional 71,888,500 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares during the last quarter. Harvest Portfolios Group Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after purchasing an additional 599,149 shares in the last quarter. Finally, Simplex Trading LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $278,367,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $89.06 on Thursday. The business’s fifty day moving average price is $90.02 and its two-hundred day moving average price is $88.00. The stock has a market cap of $48.79 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, December 1st will be paid a $0.3206 dividend. The ex-dividend date of this dividend is Monday, December 1st. This represents a c) annualized dividend and a yield of 4.3%.

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.