iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,014,038 shares of the exchange traded fund’s stock after selling 2,895,397 shares during the period. JPMorgan Chase & Co.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $448,105,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Pursue Wealth Partners LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 10.4% in the third quarter. Pursue Wealth Partners LLC now owns 21,926 shares of the exchange traded fund’s stock worth $1,960,000 after acquiring an additional 2,073 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 1.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 345,818 shares of the exchange traded fund’s stock worth $30,906,000 after purchasing an additional 5,780 shares during the last quarter. New Harbor Financial Group LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 27.4% in the 3rd quarter. New Harbor Financial Group LLC now owns 414,289 shares of the exchange traded fund’s stock valued at $37,025,000 after purchasing an additional 89,076 shares in the last quarter. Sierra Ocean LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.7% during the 3rd quarter. Sierra Ocean LLC now owns 84,454 shares of the exchange traded fund’s stock valued at $7,548,000 after buying an additional 4,586 shares during the last quarter. Finally, Florida Financial Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 16.7% during the 3rd quarter. Florida Financial Advisors LLC now owns 5,783 shares of the exchange traded fund’s stock valued at $517,000 after buying an additional 827 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4%

Shares of NASDAQ:TLT opened at $89.53 on Thursday. The firm has a market cap of $46.46 billion, a PE ratio of -6.75 and a beta of 0.53. The company has a fifty day simple moving average of $87.82 and a 200 day simple moving average of $88.63. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.3319 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.