WestEnd Advisors LLC Sells 274,019 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

WestEnd Advisors LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 820,470 shares of the exchange traded fund’s stock after selling 274,019 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.8% of WestEnd Advisors LLC’s holdings, making the stock its 12th biggest position. WestEnd Advisors LLC owned 0.14% of iShares 20+ Year Treasury Bond ETF worth $71,652,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after acquiring an additional 27,586 shares during the period. Vontobel Holding Ltd. increased its holdings in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after acquiring an additional 36,070 shares in the last quarter. Commerce Bank raised its position in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares during the period. ST Germain D J Co. Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares during the period. Finally, Cornerstone Wealth Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 201 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $89.27 on Friday. The company has a market capitalization of $54.26 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The company’s fifty day moving average price is $88.73 and its 200-day moving average price is $93.03.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.3123 dividend. The ex-dividend date was Monday, February 3rd.

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.