Hsbc Holdings PLC Sells 1,155,808 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Hsbc Holdings PLC reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 45.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,395,452 shares of the exchange traded fund’s stock after selling 1,155,808 shares during the period. Hsbc Holdings PLC owned approximately 0.27% of iShares 20+ Year Treasury Bond ETF worth $121,783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in TLT. Strategic Investment Advisors MI acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $31,000. Trust Co. of Vermont grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 181 shares in the last quarter. Stone House Investment Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 352 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $86.75 on Monday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The firm’s 50-day simple moving average is $85.66 and its 200 day simple moving average is $87.08. The firm has a market cap of $43.17 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3358 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, June 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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.