Foundations Investment Advisors LLC Sells 55,207 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Foundations Investment Advisors LLC decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 50.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,362 shares of the exchange traded fund’s stock after selling 55,207 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,651,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLT. Assetmark Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 652.3% during the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after acquiring an additional 1,411,767 shares during the period. Cibc World Market Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 429.3% during the 3rd quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock worth $133,217,000 after acquiring an additional 1,208,976 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 3.0% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock worth $3,728,650,000 after acquiring an additional 1,195,788 shares during the period. Prudential PLC raised its stake in iShares 20+ Year Treasury Bond ETF by 104.9% during the 3rd quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock worth $93,536,000 after acquiring an additional 535,870 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 8.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after acquiring an additional 527,803 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

NASDAQ TLT opened at $85.74 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18. The stock has a market cap of $42.66 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The company’s 50 day moving average is $85.94 and its two-hundred day moving average is $87.53.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.3153 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.