Nationwide Fund Advisors Sells 84,198 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Nationwide Fund Advisors cut its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,430,642 shares of the exchange traded fund’s stock after selling 84,198 shares during the period. iShares 20+ Year Treasury Bond ETF makes up 11.1% of Nationwide Fund Advisors’ holdings, making the stock its 4th largest position. Nationwide Fund Advisors owned approximately 0.26% of iShares 20+ Year Treasury Bond ETF worth $130,231,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Pinnacle Bancorp Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 23.4% in the first quarter. Pinnacle Bancorp Inc. now owns 4,322 shares of the exchange traded fund’s stock worth $393,000 after buying an additional 820 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 109.9% in the first quarter. Golden State Wealth Management LLC now owns 12,706 shares of the exchange traded fund’s stock worth $1,158,000 after buying an additional 6,654 shares during the last quarter. First Pacific Financial purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth about $38,000. Aurora Private Wealth Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 8,040.5% in the first quarter. Aurora Private Wealth Inc. now owns 2,643,962 shares of the exchange traded fund’s stock worth $240,680,000 after buying an additional 2,611,483 shares during the last quarter. Finally, Spire Wealth Management boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 275.4% in the first quarter. Spire Wealth Management now owns 124,773 shares of the exchange traded fund’s stock worth $11,358,000 after buying an additional 91,534 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1%

Shares of TLT opened at $87.51 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64. The company has a market capitalization of $47.35 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The stock’s 50-day moving average price is $86.58 and its 200-day moving average price is $88.20.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a $0.3195 dividend. The ex-dividend date was Monday, June 2nd. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.38%.

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.