Mechanics Bank Trust Department Lowers Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Mechanics Bank Trust Department lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) by 27.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 36,611 shares of the exchange traded fund’s stock after selling 14,070 shares during the quarter. Mechanics Bank Trust Department’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,272,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its position in iShares 20+ Year Treasury Bond ETF by 130.9% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 161 shares during the last quarter. Clearstead Trust LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $25,000. Ameritas Investment Partners Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $33,000. Caldwell Trust Co acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $36,000. Finally, Kilter Group LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $37,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1%

TLT stock opened at $87.03 on Monday. The stock has a 50-day moving average price of $88.94 and a two-hundred day moving average price of $88.34. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09. The company has a market cap of $47.88 billion, a PE ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.3424 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Friday, December 19th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 20+ Year Treasury Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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