iShares 20+ Year Treasury Bond ETF $TLT Stake Reduced by Eastern Bank

Eastern Bank cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 312 shares of the exchange traded fund’s stock after selling 129 shares during the quarter. Eastern Bank’s holdings in iShares 20+ Year Treasury Bond ETF were worth $28,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Johnson Bixby & Associates LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 10.4% in the second quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock worth $219,000 after acquiring an additional 233 shares in the last quarter. Checchi Capital Advisers LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 75.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 151,902 shares of the exchange traded fund’s stock worth $13,828,000 after purchasing an additional 65,366 shares during the period. Tempus Wealth Planning LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 75.5% during the 2nd quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock valued at $1,230,000 after purchasing an additional 5,993 shares during the period. Sunpointe LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $276,000. Finally, Golden State Wealth Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.1% in the first quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after purchasing an additional 307 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1%

Shares of TLT stock opened at $90.57 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $95.62. The company has a market capitalization of $49.80 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The stock’s fifty day simple moving average is $88.31 and its 200-day simple moving average is $87.48.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3104 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.