Mutual Advisors LLC Reduces Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Mutual Advisors LLC reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 73.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 25,822 shares of the exchange traded fund’s stock after selling 70,729 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,361,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. grew its position in iShares 20+ Year Treasury Bond ETF by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after buying an additional 2,508,650 shares during the period. JPMorgan Chase & Co. raised its position in iShares 20+ Year Treasury Bond ETF by 84.9% in the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after acquiring an additional 3,632,572 shares during the period. Alliancebernstein L.P. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after acquiring an additional 63,442 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 1.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock valued at $240,758,000 after acquiring an additional 38,589 shares during the period. Finally, Hantz Financial Services Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 3.3% during the 2nd quarter. Hantz Financial Services Inc. now owns 2,669,542 shares of the exchange traded fund’s stock valued at $235,587,000 after acquiring an additional 86,013 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $86.55 on Tuesday. The stock has a market cap of $45.02 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock’s fifty day moving average is $87.99 and its 200 day moving average is $88.48. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.3319 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, February 2nd.

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.