Mutual Advisors LLC Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mutual Advisors LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 115,388 shares of the exchange traded fund’s stock after selling 6,514 shares during the quarter. Mutual Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,692,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after buying an additional 31,502,110 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% during the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after acquiring an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after acquiring an additional 814,240 shares during the last quarter. Cibc World Market Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 21.9% during the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after acquiring an additional 1,511,435 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after buying an additional 359,489 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $92.03 on Wednesday. The company has a market capitalization of $58.72 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $83.24 and a one year high of $101.64. The business has a 50 day simple moving average of $96.89 and a 200 day simple moving average of $94.01.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.