AIA Group Ltd Trims Holdings in iShares 20+ Year Treasury Bond ETF $TLT

AIA Group Ltd decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,012,308 shares of the exchange traded fund’s stock after selling 53,028 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 1.3% of AIA Group Ltd’s holdings, making the stock its 12th largest position. AIA Group Ltd’s holdings in iShares 20+ Year Treasury Bond ETF were worth $87,757,000 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 the stock. Silverlake Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.6% during the fourth quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after acquiring an additional 115 shares in the last quarter. Yukon Wealth Management Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 0.5% in the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after purchasing an additional 118 shares in the last quarter. Advyzon Investment Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after purchasing an additional 124 shares in the last quarter. United Asset Strategies Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 1.2% during the 1st quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after purchasing an additional 126 shares during the period. Finally, Harvest Fund Management Co. Ltd increased its holdings in iShares 20+ Year Treasury Bond ETF by 15.8% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 126 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $84.52 on Friday. The business has a 50-day moving average price of $85.28 and a 200 day moving average price of $86.73. The company has a market capitalization of $42.83 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year 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. Shareholders of record on Wednesday, July 1st were given a dividend of $0.318 per share. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was 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.