iShares 20+ Year Treasury Bond ETF $TLT Stock Holdings Lessened by Confluence Investment Management LLC

Confluence Investment Management LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,942 shares of the exchange traded fund’s stock after selling 13,155 shares during the period. Confluence Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,944,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TLT. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after buying an additional 2,508,650 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 84.9% during the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after acquiring an additional 3,632,572 shares in the last quarter. Alliancebernstein L.P. boosted its position in iShares 20+ Year Treasury Bond ETF by 2.3% during the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 shares during the last quarter. Hantz Financial Services Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 3.3% in the second quarter. Hantz Financial Services Inc. now owns 2,669,542 shares of the exchange traded fund’s stock valued at $235,587,000 after purchasing an additional 86,013 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in iShares 20+ Year Treasury Bond ETF by 1.4% in the second quarter. Rockefeller Capital Management L.P. now owns 1,318,028 shares of the exchange traded fund’s stock valued at $116,316,000 after purchasing an additional 17,729 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $87.50 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The stock’s 50-day moving average is $89.55 and its two-hundred day moving average is $88.26. The firm has a market cap of $47.93 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a $0.3424 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Friday, December 19th.

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. 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.