Commonwealth Equity Services LLC Decreases Stake in iShares 20+ Year Treasury Bond ETF $TLT

Commonwealth Equity Services LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,546,963 shares of the exchange traded fund’s stock after selling 87,586 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $138,252,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 acquiring an additional 2,508,650 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after purchasing an additional 3,632,572 shares during the period. Alliancebernstein L.P. increased its position 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 valued at $248,391,000 after purchasing an additional 63,442 shares during the last quarter. Hantz Financial Services Inc. increased 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 purchasing an additional 86,013 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.4% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 1,318,028 shares of the exchange traded fund’s stock worth $116,316,000 after purchasing an additional 17,729 shares during the period. 73.33% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $87.03 on Monday. The firm has a market cap of $47.88 billion, a P/E ratio of -6.75 and a beta of 0.53. The firm has a 50-day moving average of $88.94 and a 200 day moving average of $88.34. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.3424 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.