SBI Securities Co. Ltd. Sells 29,128 Shares of iShares 20+ Year Treasury Bond ETF $TLT

SBI Securities Co. Ltd. decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 251,761 shares of the exchange traded fund’s stock after selling 29,128 shares during the period. SBI Securities Co. Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,582,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in TLT. United Asset Strategies Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.2% in the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock worth $901,000 after acquiring an additional 126 shares during the period. Stronghold Wealth Management L.L.C. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 0.8% in the second quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock valued at $1,410,000 after acquiring an additional 132 shares during the last quarter. Ranch Capital Advisors Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 3.5% during the 1st quarter. Ranch Capital Advisors Inc. now owns 3,940 shares of the exchange traded fund’s stock valued at $342,000 after purchasing an additional 135 shares during the period. Avid Wealth Partners LLC increased its position in iShares 20+ Year Treasury Bond ETF by 2.6% during the 1st quarter. Avid Wealth Partners LLC now owns 6,155 shares of the exchange traded fund’s stock valued at $534,000 after purchasing an additional 158 shares during the period. Finally, Cox Capital Mgt LLC increased its position in iShares 20+ Year Treasury Bond ETF by 4.4% during the 3rd quarter. Cox Capital Mgt LLC now owns 3,786 shares of the exchange traded fund’s stock valued at $294,000 after purchasing an additional 159 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $81.74 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $76.43 and a 52-week high of $92.18. The firm has a 50 day moving average price of $80.57 and a two-hundred day moving average price of $83.50. The firm has a market cap of $47.79 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

About iShares 20+ Year Treasury Bond ETF

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.