iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Cwm LLC

Cwm LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 79.8% during the first quarter, Holdings Channel.com reports. The fund owned 172,828 shares of the exchange traded fund’s stock after selling 683,537 shares during the quarter. Cwm LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $15,732,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 1.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 15,956,950 shares of the exchange traded fund’s stock valued at $1,393,520,000 after acquiring an additional 298,003 shares during the period. FMR LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 24.3% in the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after purchasing an additional 1,421,699 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock valued at $527,045,000 after purchasing an additional 235,504 shares in the last quarter. Capula Management Ltd purchased a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $455,550,000. Finally, Mackenzie Financial Corp lifted its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Mackenzie Financial Corp now owns 3,911,300 shares of the exchange traded fund’s stock valued at $341,574,000 after purchasing an additional 35,500 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $85.61 on Tuesday. The stock’s fifty day moving average is $86.33 and its two-hundred day moving average is $87.95. The firm has a market capitalization of $46.54 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.30 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 7th. Stockholders of record on Tuesday, July 1st were given a dividend of $0.3283 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Tuesday, July 1st. This represents a $3.94 annualized dividend and a dividend yield of 4.60%.

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.