iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Assetmark Inc.

Assetmark Inc. trimmed its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,343,362 shares of the exchange traded fund’s stock after selling 87,125 shares during the quarter. Assetmark Inc. owned approximately 0.27% of iShares 20+ Year Treasury Bond ETF worth $116,456,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock valued at $240,000 after acquiring an additional 601 shares in the last quarter. Capstone Wealth Management Group LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 409.3% during the first quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after purchasing an additional 40,863 shares during the period. Russell Investments Group Ltd. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 520.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 608 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 510 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 28.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 808,479 shares of the exchange traded fund’s stock worth $71,348,000 after buying an additional 180,073 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after buying an additional 63,442 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $84.21 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The company has a 50-day simple moving average of $85.31 and a 200-day simple moving average of $86.75. The firm has a market capitalization of $42.67 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.