77,694 iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by WestEnd Advisors LLC

WestEnd Advisors LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,649,613 shares of the exchange traded fund’s stock after selling 77,694 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 2.8% of WestEnd Advisors LLC’s investment portfolio, making the stock its 9th largest position. WestEnd Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $128,307,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Summer Road LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. Axiom Investment Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. Versant Capital Management Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% during the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 518 shares during the last quarter. Cornerstone Planning Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 123.6% during the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 340 shares during the last quarter. Finally, Mosley Wealth Management increased its position in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% during the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 596 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $81.63 on Wednesday. The company’s 50 day simple moving average is $80.55 and its 200-day simple moving average is $84.74. The company has a market capitalization of $48.27 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 1 year low of $76.43 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3116 per share. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

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.