Foster & Motley Inc. Sells 9,294 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Foster & Motley Inc. decreased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.1% during the first quarter, HoldingsChannel.com reports. The fund owned 56,450 shares of the exchange traded fund’s stock after selling 9,294 shares during the quarter. Foster & Motley Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,894,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of TLT. Bank of America Corp DE grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after purchasing an additional 10,380,437 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in iShares 20+ Year Treasury Bond ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after purchasing an additional 1,418,641 shares during the last quarter. Morgan Stanley raised its stake in iShares 20+ Year Treasury Bond ETF by 31.3% during the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after purchasing an additional 4,577,906 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares in the last quarter. Finally, Harvest Portfolios Group Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock valued at $315,958,000 after purchasing an additional 33,088 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0%

TLT stock opened at $87.35 on Friday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The firm has a market capitalization of $43.47 billion, a P/E ratio of -6.75 and a beta of 0.52. The company has a fifty day simple moving average of $85.66 and a two-hundred day simple moving average of $87.03.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3358 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.6%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. 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.