iShares 20+ Year Treasury Bond ETF $TLT Stock: Oppenheimer & Co. Inc. Cuts Holdings

Oppenheimer & Co. Inc. decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 188,545 shares of the exchange traded fund’s stock after selling 16,438 shares during the period. Oppenheimer & Co. Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,665,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Aozora Bank LTD. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $198,507,000. Envestnet Asset Management Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 18.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after purchasing an additional 860,164 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 141.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after purchasing an additional 769,615 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,830.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock valued at $59,254,000 after purchasing an additional 662,248 shares during the last quarter. Finally, Tectonic Advisors LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2,200.2% in the third quarter. Tectonic Advisors LLC now owns 384,917 shares of the exchange traded fund’s stock valued at $29,939,000 after purchasing an additional 368,183 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $81.68 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $76.43 and a one year high of $92.18. The company has a market cap of $48.30 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The business’s 50 day moving average price is $80.55 and its 200 day moving average price is $84.77.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3116 dividend. This represents a $3.74 annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, October 1st. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.

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. 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.