Harbor Capital Advisors Inc. Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Harbor Capital Advisors Inc. decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,115 shares of the exchange traded fund’s stock after selling 1,116 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $284,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 1.9% during 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 purchasing an additional 298,003 shares during the last quarter. FMR LLC lifted its stake 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 buying an additional 1,421,699 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after buying an additional 235,504 shares in the last quarter. Capula Management Ltd acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $455,550,000. Finally, Mackenzie Financial Corp increased its stake in shares of 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 worth $341,574,000 after acquiring an additional 35,500 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $86.33 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.30 and a 12 month high of $101.64. The company has a market capitalization of $46.71 billion, a PE ratio of -6.75 and a beta of 0.06. The firm’s 50-day moving average is $86.77 and its two-hundred day moving average is $88.55.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3195 per share. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date was Monday, June 2nd.

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.