NewEdge Advisors LLC Sells 90,389 Shares of iShares 20+ Year Treasury Bond ETF $TLT

NewEdge Advisors LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 40.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 132,273 shares of the exchange traded fund’s stock after selling 90,389 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,431,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after acquiring an additional 10,380,437 shares during the last quarter. Morgan Stanley boosted its stake in iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after acquiring an additional 4,577,906 shares during the last quarter. Pureheart Capital Pte Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $292,683,000. Finally, Aozora Bank LTD. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $198,507,000. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

NASDAQ TLT opened at $80.87 on Friday. The stock has a 50-day simple moving average of $82.92 and a 200 day simple moving average of $85.23. The company has a market capitalization of $40.73 billion, a PE ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 12 month low of $80.67 and a 12 month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a $0.3147 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Tuesday, September 1st.

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.