Cibc World Market Inc. Sells 1,311,080 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Cibc World Market Inc. cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 88.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 179,541 shares of the exchange traded fund’s stock after selling 1,311,080 shares during the period. Cibc World Market Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,649,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Silverlake Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 0.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock worth $1,832,000 after purchasing an additional 115 shares during the last quarter. Yukon Wealth Management Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after purchasing an additional 118 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its holdings in iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 3.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock worth $329,000 after purchasing an additional 138 shares during the last quarter. Finally, Friedenthal Financial boosted its holdings in iShares 20+ Year Treasury Bond ETF by 3.9% during the fourth quarter. Friedenthal Financial now owns 3,756 shares of the exchange traded fund’s stock worth $327,000 after purchasing an additional 140 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $85.06 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18. The stock has a market cap of $42.33 billion, a PE ratio of -6.75 and a beta of 0.52. The firm’s 50-day simple moving average is $85.80 and its 200 day simple moving average is $87.37.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.3358 per share. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 1st.

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. 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.