iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 300,063 shares of the exchange traded fund’s stock after selling 24,432 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $26,153,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of TLT. Keel Point LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the fourth quarter. Keel Point LLC now owns 21,165 shares of the exchange traded fund’s stock valued at $1,845,000 after acquiring an additional 230 shares in the last quarter. Coastwise Capital Group LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 22.6% in the fourth quarter. Coastwise Capital Group LLC now owns 5,814 shares of the exchange traded fund’s stock valued at $507,000 after acquiring an additional 1,072 shares in the last quarter. Group One Trading LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $4,378,000. Stirlingshire Investments Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $695,000. Finally, Gateway Wealth Partners LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.7% in the fourth quarter. Gateway Wealth Partners LLC now owns 3,150 shares of the exchange traded fund’s stock valued at $275,000 after acquiring an additional 305 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 1.3%

Shares of NASDAQ:TLT opened at $85.98 on Friday. The company has a market cap of $42.78 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The firm’s 50-day simple moving average is $85.71 and its 200-day simple moving average is $87.24. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3358 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a dividend yield of 4.7%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.