WNY Asset Management LLC Lowers Position in iShares 20+ Year Treasury Bond ETF $TLT

WNY Asset Management LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 91.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,319 shares of the exchange traded fund’s stock after selling 64,734 shares during the quarter. WNY Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $558,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of TLT. Brighton Jones LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 28.0% in the fourth quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 601 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $237,000. Allspring Global Investments Holdings LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 32.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 100,620 shares of the exchange traded fund’s stock valued at $9,159,000 after purchasing an additional 24,742 shares in the last quarter. Golden State Wealth Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 5.1% during the first quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after purchasing an additional 307 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 21.9% during the first quarter. Koshinski Asset Management Inc. now owns 13,147 shares of the exchange traded fund’s stock valued at $1,197,000 after purchasing an additional 2,359 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3%

iShares 20+ Year Treasury Bond ETF stock opened at $92.02 on Wednesday. The company has a market cap of $50.21 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The firm’s fifty day moving average is $89.25 and its 200 day moving average is $87.60. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a dividend of $0.3104 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.