TIAA Trust National Association Reduces Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

TIAA Trust National Association lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,095 shares of the exchange traded fund’s stock after selling 44,560 shares during the quarter. TIAA Trust National Association’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,903,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in TLT. Strategic Investment Advisors MI purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $27,000. Smartleaf Asset Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $33,000. Trust Co. of Vermont increased its position in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares in the last quarter. Stone House Investment Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 352 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at $35,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6%

TLT opened at $85.12 on Wednesday. The firm has a market cap of $42.36 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The business’s fifty day simple moving average is $85.76 and its 200 day simple moving average is $87.30.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.