Private Advisor Group LLC Has $14.70 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Private Advisor Group LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 169,520 shares of the exchange traded fund’s stock after selling 25,554 shares during the period. Private Advisor Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,696,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Bank of America Corp DE raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 10.5% in 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 lifted its position in iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after purchasing an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $292,683,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake 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 worth $3,760,094,000 after buying an additional 1,418,641 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $85.51 on Friday. The company has a market capitalization of $41.10 billion, a P/E ratio of -6.75 and a beta of 0.51. The firm’s fifty day moving average price is $85.60 and its two-hundred day moving average price is $86.96. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.318 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.