Benjamin Edwards Inc. Lowers Stake in iShares 20+ Year Treasury Bond ETF $TLT

Benjamin Edwards Inc. lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 82.7% during the 4th quarter, Holdings Channel reports. The fund owned 25,361 shares of the exchange traded fund’s stock after selling 121,188 shares during the period. Benjamin Edwards Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,210,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Assetmark Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 652.3% during the 3rd quarter. Assetmark Inc. now owns 1,628,189 shares of the exchange traded fund’s stock worth $145,511,000 after purchasing an additional 1,411,767 shares during the last quarter. Cibc World Market Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 429.3% during 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 purchasing an additional 1,208,976 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 3.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock valued at $3,728,650,000 after purchasing an additional 1,195,788 shares in the last quarter. Prudential PLC boosted its position in iShares 20+ Year Treasury Bond ETF by 104.9% during the third quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock valued at $93,536,000 after purchasing an additional 535,870 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 8.6% during the third quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock valued at $594,984,000 after purchasing an additional 527,803 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $85.43 on Wednesday. The company has a market cap of $42.51 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock’s 50-day moving average is $87.28 and its 200 day moving average is $88.25. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be given a dividend of $0.3153 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, May 1st.

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.