Stephens Inc. AR Sells 33,001 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Stephens Inc. AR lessened its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,082 shares of the exchange traded fund’s stock after selling 33,001 shares during the quarter. Stephens Inc. AR’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,122,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TLT. JPMorgan Chase & Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 125.5% in 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 purchasing an additional 44,234,543 shares in the last quarter. Bank of America Corp DE raised its stake 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 purchasing an additional 10,380,437 shares in the last quarter. Morgan Stanley raised its stake 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 purchasing an additional 4,577,906 shares in the last quarter. Pureheart Capital Pte Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $292,683,000. Finally, Northwestern Mutual Wealth Management Co. lifted 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 purchasing an additional 1,418,641 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 1.1%

Shares of NASDAQ:TLT opened at $84.55 on Wednesday. The firm has a fifty day simple moving average of $85.54 and a two-hundred day simple moving average of $86.92. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The stock has a market capitalization of $41.26 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.318 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.