iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Holdings Lowered by GDS Wealth Management

GDS Wealth Management lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.7% during the third quarter, Holdings Channel reports. The fund owned 44,451 shares of the exchange traded fund’s stock after selling 19,729 shares during the quarter. GDS Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,361,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after purchasing an additional 31,502,110 shares during the last quarter. Jane Street Group LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake 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 worth $1,506,846,000 after acquiring an additional 814,240 shares in the last quarter. Cibc World Market Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing 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% during the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after purchasing an additional 359,489 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.3 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $92.49 on Monday. The firm has a fifty day simple moving average of $95.92 and a 200-day simple moving average of $94.18. The stock has a market capitalization of $59.92 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $86.74 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.3105 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.03%.

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.