Rockefeller Capital Management L.P. Reduces Stake in iShares 20+ Year Treasury Bond ETF $TLT

Rockefeller Capital Management L.P. lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.6% in the 4th quarter, Holdings Channel reports. The firm owned 1,321,782 shares of the exchange traded fund’s stock after selling 34,933 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $115,207,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in shares of 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 buying an additional 44,234,543 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after buying an additional 10,380,437 shares in the last quarter. Morgan Stanley lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after buying an additional 4,577,906 shares in the last quarter. Pureheart Capital Pte Ltd. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% in 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 period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $86.75 on Friday. The company has a 50 day moving average of $85.66 and a 200 day moving average of $87.09. The stock has a market cap of $43.17 billion, a P/E ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.3358 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.