Canandaigua National Bank & Trust Co. Sells 28,182 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Canandaigua National Bank & Trust Co. lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 86,476 shares of the exchange traded fund’s stock after selling 28,182 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,552,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares in the last quarter. Assetmark Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the period. Cibc World Market Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after buying an additional 1,511,435 shares during the last quarter. Ocean Park Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at about $95,153,000. Finally, Quadrature Capital Ltd bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $89,789,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4 %

iShares 20+ Year Treasury Bond ETF stock traded down $0.39 during mid-day trading on Monday, reaching $86.90. The company had a trading volume of 29,716,397 shares, compared to its average volume of 23,528,467. The company has a 50 day moving average of $90.80 and a 200-day moving average of $94.00. iShares 20+ Year Treasury Bond ETF has a 52 week low of $86.67 and a 52 week high of $101.64. The firm has a market cap of $50.02 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 annualized dividend and a yield of 4.85%.

iShares 20+ Year Treasury Bond ETF 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.