New York Life Investment Management LLC Decreases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

New York Life Investment Management LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 61,108 shares of the exchange traded fund’s stock after selling 16,475 shares during the period. New York Life Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,461,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. RFG Advisory LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 25.6% during the third quarter. RFG Advisory LLC now owns 30,450 shares of the exchange traded fund’s stock valued at $2,721,000 after purchasing an additional 6,215 shares during the period. Roman Butler Fullerton & Co. raised its holdings in iShares 20+ Year Treasury Bond ETF by 149.7% during the 3rd quarter. Roman Butler Fullerton & Co. now owns 5,983 shares of the exchange traded fund’s stock valued at $545,000 after buying an additional 3,587 shares during the last quarter. ONE Advisory Partners LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 51.7% during the 3rd quarter. ONE Advisory Partners LLC now owns 8,336 shares of the exchange traded fund’s stock valued at $755,000 after buying an additional 2,840 shares during the last quarter. Quaker Wealth Management LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 10.7% during the 3rd quarter. Quaker Wealth Management LLC now owns 192,460 shares of the exchange traded fund’s stock valued at $17,200,000 after buying an additional 18,674 shares during the period. Finally, Signature Estate & Investment Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $203,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.2%

TLT stock opened at $88.53 on Wednesday. The stock has a market capitalization of $45.94 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The firm’s 50-day moving average price is $87.70 and its two-hundred day moving average price is $88.54. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.3319 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.