Wealthfront Advisers LLC Decreases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Wealthfront Advisers LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 76,126 shares of the exchange traded fund’s stock after selling 29,839 shares during the quarter. Wealthfront Advisers LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,803,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after buying an additional 2,508,650 shares during the period. JPMorgan Chase & Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after acquiring an additional 3,632,572 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 8.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after acquiring an additional 527,803 shares during the last quarter. Alliancebernstein L.P. lifted its position in iShares 20+ Year Treasury Bond ETF by 2.3% during the 2nd quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock worth $248,391,000 after acquiring an additional 63,442 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,693,948 shares of the exchange traded fund’s stock valued at $240,758,000 after purchasing an additional 38,589 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5%

Shares of NASDAQ:TLT opened at $88.06 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The stock has a market cap of $45.69 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The business has a 50-day moving average price of $87.68 and a 200-day moving average price of $88.54.

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 issued a $0.3319 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, February 2nd.

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.