Citizens Financial Group Inc. RI Sells 65,452 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Citizens Financial Group Inc. RI lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 91.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,086 shares of the exchange traded fund’s stock after selling 65,452 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares 20+ Year Treasury Bond ETF were worth $528,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in iShares 20+ Year Treasury Bond ETF by 125.5% in the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares during the last quarter. Bank of America Corp DE increased its position in 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 worth $9,505,452,000 after buying an additional 10,380,437 shares during the last quarter. Morgan Stanley raised its stake in shares of 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 valued at $1,672,338,000 after buying an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $292,683,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

Shares of TLT stock opened at $84.24 on Thursday. The stock has a market capitalization of $41.95 billion, a P/E ratio of -6.75 and a beta of 0.51. The firm’s 50 day moving average is $85.34 and its 200 day moving average is $86.77. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.77 and a 12 month high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given 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 was Wednesday, July 1st.

About iShares 20+ Year Treasury Bond ETF

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.