iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by University of Illinois Foundation

University of Illinois Foundation lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 91.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,161 shares of the exchange traded fund’s stock after selling 55,000 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 0.2% of University of Illinois Foundation’s portfolio, making the stock its 9th biggest holding. University of Illinois Foundation’s holdings in iShares 20+ Year Treasury Bond ETF were worth $461,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 84.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after purchasing an additional 3,632,572 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position 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. Assetmark Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 652.3% in the third quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock valued at $145,511,000 after buying an additional 1,411,767 shares in the last quarter. Cibc World Market Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 429.3% in the third quarter. Cibc World Market Inc. now owns 1,490,621 shares of the exchange traded fund’s stock valued at $133,217,000 after buying an additional 1,208,976 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of 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 valued at $594,984,000 after buying an additional 527,803 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4%

TLT opened at $88.79 on Friday. The firm has a market cap of $46.07 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The stock’s 50-day moving average price is $88.25 and its 200 day moving average price is $88.79. 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, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3006 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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. 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.