Ameriprise Financial Inc. Cuts Position in iShares 20+ Year Treasury Bond ETF $TLT

Ameriprise Financial Inc. decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,877,781 shares of the exchange traded fund’s stock after selling 259,791 shares during the quarter. Ameriprise Financial Inc. owned 0.53% of iShares 20+ Year Treasury Bond ETF worth $257,311,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.0% during the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 601 shares during the period. Capstone Wealth Management Group LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 409.3% in the 1st quarter. Capstone Wealth Management Group LLC now owns 50,847 shares of the exchange traded fund’s stock worth $4,629,000 after acquiring an additional 40,863 shares in the last quarter. Rothschild Investment LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 1,517.3% in the 2nd quarter. Rothschild Investment LLC now owns 66,471 shares of the exchange traded fund’s stock worth $5,866,000 after acquiring an additional 62,361 shares in the last quarter. Bulltick Wealth Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 48.6% during the second quarter. Bulltick Wealth Management LLC now owns 70,889 shares of the exchange traded fund’s stock worth $6,256,000 after acquiring an additional 23,192 shares during the period. Finally, Capital Square LLC raised its position in iShares 20+ Year Treasury Bond ETF by 4.4% during the second quarter. Capital Square LLC now owns 14,989 shares of the exchange traded fund’s stock worth $1,286,000 after acquiring an additional 636 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.8%

TLT opened at $87.21 on Tuesday. The firm’s fifty day simple moving average is $88.27 and its two-hundred day simple moving average is $88.87. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The company has a market cap of $45.25 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, March 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.