IHT Wealth Management LLC Lowers Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

IHT Wealth Management LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 495,380 shares of the exchange traded fund’s stock after selling 6,664 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.1% of IHT Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. IHT Wealth Management LLC owned approximately 0.10% of iShares 20+ Year Treasury Bond ETF worth $43,177,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. JPMorgan Chase & Co. grew its position in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after acquiring an additional 44,234,543 shares during the last quarter. Bank of America Corp DE grew its position in iShares 20+ Year Treasury Bond ETF by 10.5% during 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 grew its position in iShares 20+ Year Treasury Bond ETF by 31.3% during 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. Northwestern Mutual Wealth Management Co. grew its position in iShares 20+ Year Treasury Bond ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after acquiring an additional 1,418,641 shares during the last quarter. Finally, Jump Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 50,668.8% during the fourth quarter. Jump Financial LLC now owns 1,157,021 shares of the exchange traded fund’s stock valued at $100,846,000 after acquiring an additional 1,154,742 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $86.33 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The stock has a market capitalization of $42.96 billion, a P/E ratio of -6.75 and a beta of 0.52. The firm’s 50 day simple moving average is $85.66 and its two-hundred day simple moving average is $87.12.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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