IFP Advisors Inc Has $11.24 Million Stake in iShares 20+ Year Treasury Bond ETF $TLT

IFP Advisors Inc trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 44.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 125,789 shares of the exchange traded fund’s stock after selling 100,104 shares during the quarter. IFP Advisors Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,242,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.0% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after buying an additional 1,195,788 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 84.9% during 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 buying an additional 3,632,572 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 8.6% during the third quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock valued at $594,984,000 after buying an additional 527,803 shares during the period. Harvest Portfolios Group Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock valued at $315,958,000 after buying an additional 33,088 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after acquiring an additional 63,442 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6%

Shares of NASDAQ TLT opened at $86.96 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09. The firm has a market capitalization of $45.12 billion, a PE ratio of -6.75 and a beta of 0.53. The business has a 50-day moving average price of $88.26 and a two-hundred day moving average price of $88.86.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a $0.3006 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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.