JPMorgan Chase & Co. Sells 1,732,009 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

JPMorgan Chase & Co. lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 27.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,644,413 shares of the exchange traded fund’s stock after selling 1,732,009 shares during the period. JPMorgan Chase & Co. owned 0.76% of iShares 20+ Year Treasury Bond ETF worth $405,597,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Principal Financial Group Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the period. Cornerstone Wealth Management LLC grew its position in iShares 20+ Year Treasury Bond ETF by 5.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 201 shares in the last quarter. Dynasty Wealth Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 50.7% in the 4th quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after acquiring an additional 304,416 shares during the last quarter. Finally, University of Illinois Foundation raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 121.2% in the 4th quarter. University of Illinois Foundation now owns 1,405,528 shares of the exchange traded fund’s stock valued at $122,745,000 after acquiring an additional 770,040 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.4 %

Shares of TLT opened at $90.14 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The company has a market cap of $54.79 billion, a PE ratio of -7.21 and a beta of 0.06. The stock has a 50-day moving average price of $89.51 and a 200-day moving average price of $91.34.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.