AIA Group Ltd Sells 53,028 Shares of iShares 20+ Year Treasury Bond ETF $TLT

AIA Group Ltd reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,012,308 shares of the exchange traded fund’s stock after selling 53,028 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.3% of AIA Group Ltd’s portfolio, making the stock its 12th biggest holding. AIA Group Ltd owned 0.20% of iShares 20+ Year Treasury Bond ETF worth $87,757,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $31,000. Summer Road LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. Trust Co. of Vermont lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 181 shares in the last quarter. Stone House Investment Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 352 shares in the last quarter. Finally, Albion Financial Group UT purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $36,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4%

Shares of TLT stock opened at $84.52 on Friday. The company’s fifty day simple moving average is $85.28 and its two-hundred day simple moving average is $86.73. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.77 and a 52 week high of $92.18. The stock has a market cap of $42.83 billion, a P/E ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.318 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.5%.

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.