Northwestern Mutual Wealth Management Co. Decreases Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Northwestern Mutual Wealth Management Co. lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 98.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 779,992 shares of the exchange traded fund’s stock after selling 40,941,503 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.15% of iShares 20+ Year Treasury Bond ETF worth $67,984,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CPR Investments Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after purchasing an additional 47,741 shares during the period. Alliance Wealth Advisors LLC UT bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $1,378,000. Intrua Financial LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 43.3% during the 3rd quarter. Intrua Financial LLC now owns 31,920 shares of the exchange traded fund’s stock valued at $2,853,000 after purchasing an additional 9,638 shares during the period. Americana Partners LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 54.5% during the 3rd quarter. Americana Partners LLC now owns 80,862 shares of the exchange traded fund’s stock valued at $7,227,000 after purchasing an additional 28,513 shares during the period. Finally, Benin Management CORP bought a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at approximately $4,655,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $83.66 on Monday. The business’s 50 day moving average is $86.54 and its 200 day moving average is $87.89. The company has a market capitalization of $41.63 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $92.18.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3153 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.