iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Fifth Third Securities Inc.

Fifth Third Securities Inc. trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 87.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 7,311 shares of the exchange traded fund’s stock after selling 49,081 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $638,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Assetmark Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after buying an additional 4,322,688 shares during the period. Quadrature Capital Ltd acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $89,789,000. IMC Chicago LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 440.7% during the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after purchasing an additional 851,884 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after purchasing an additional 709,409 shares during the last quarter. Finally, Harvest Portfolios Group Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after purchasing an additional 683,915 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $87.76 on Friday. The firm has a market cap of $53.34 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The firm has a 50 day simple moving average of $89.12 and a 200 day simple moving average of $93.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a dividend yield of 4.80%.

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.