Bank of New York Mellon Corp Sells 120,500 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Bank of New York Mellon Corp trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 374,990 shares of the exchange traded fund’s stock after selling 120,500 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $33,093,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB grew its holdings in iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 129 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 416.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 416 shares during the last quarter. Harbor Investment Advisory LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,477.5% in the second quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock worth $56,000 after buying an additional 591 shares during the period. SYM FINANCIAL Corp lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 416.1% during the 1st quarter. SYM FINANCIAL Corp now owns 800 shares of the exchange traded fund’s stock worth $73,000 after acquiring an additional 645 shares during the last quarter. Finally, Elequin Capital LP boosted its holdings in iShares 20+ Year Treasury Bond ETF by 298.3% during the 1st quarter. Elequin Capital LP now owns 948 shares of the exchange traded fund’s stock valued at $86,000 after acquiring an additional 710 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8%

TLT stock opened at $89.38 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85. The firm has a market cap of $48.96 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The business’s fifty day simple moving average is $90.03 and its two-hundred day simple moving average is $87.80.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a dividend of $0.3251 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, November 3rd. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.