iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by AlTi Global Inc.

AlTi Global Inc. lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 23.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 543,046 shares of the exchange traded fund’s stock after selling 168,500 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.1% of AlTi Global Inc.’s portfolio, making the stock its 18th biggest holding. AlTi Global Inc. owned about 0.10% of iShares 20+ Year Treasury Bond ETF worth $48,532,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of TLT. Davis Rea LTD. purchased a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $4,468,000. WestEnd Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 17.1% during the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock valued at $82,518,000 after buying an additional 134,792 shares in the last quarter. First Horizon Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $5,510,000. Global Retirement Partners LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 439.2% in the third quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock worth $4,174,000 after buying an additional 38,043 shares during the period. Finally, Intrua Financial LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 43.3% in the third quarter. Intrua Financial LLC now owns 31,920 shares of the exchange traded fund’s stock worth $2,853,000 after acquiring an additional 9,638 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $87.52 on Tuesday. The firm has a market capitalization of $45.41 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The company’s 50 day simple moving average is $87.70 and its 200-day simple moving average is $88.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.3319 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.