Truist Financial Corp Sells 62,203 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Truist Financial Corp lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,274,915 shares of the exchange traded fund’s stock after selling 62,203 shares during the period. Truist Financial Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $112,511,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. NBC Securities Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $25,000. Byrne Asset Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $26,000. Proathlete Wealth Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $28,000. Coastline Trust Co purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. Finally, First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $38,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.29 on Thursday. The stock has a market cap of $49.92 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The stock has a 50 day moving average price of $87.89 and a 200-day moving average price of $87.56. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $97.73.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be issued a $0.3104 dividend. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.