Nationwide Fund Advisors Has $9.16 Million Stake in iShares 20+ Year Treasury Bond ETF $TLT

Nationwide Fund Advisors cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 66.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,613 shares of the exchange traded fund’s stock after selling 212,771 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.4% of Nationwide Fund Advisors’ investment portfolio, making the stock its 9th largest holding. Nationwide Fund Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $9,156,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TLT. JPMorgan Chase & Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th 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 during the last quarter. Bank of America Corp DE increased its stake 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 during the period. Morgan Stanley increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in 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 during the period. Pureheart Capital Pte Ltd. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $292,683,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $85.51 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The company has a market cap of $41.10 billion, a PE ratio of -6.75 and a beta of 0.51. The stock has a 50 day simple moving average of $85.60 and a 200-day simple moving average of $86.96.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.318 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.5%.

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.