iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 324,495 shares of the exchange traded fund’s stock after selling 33,931 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 0.5% of Sumitomo Mitsui Financial Group Inc.’s holdings, making the stock its 28th largest holding. Sumitomo Mitsui Financial Group Inc. owned about 0.06% of iShares 20+ Year Treasury Bond ETF worth $29,000,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 130.9% during the 2nd 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 period. Clearstead Trust LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $25,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $27,000. Smartleaf Asset Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $33,000. Finally, First Command Advisory Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $33,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.27 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The company has a market capitalization of $46.84 billion, a P/E ratio of -6.75 and a beta of 0.53. The company has a 50 day moving average of $88.06 and a 200 day moving average of $88.70.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.3319 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

iShares 20+ Year Treasury Bond ETF Company 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.