Centerline Wealth Advisors LLC Lowers Stake in iShares 20+ Year Treasury Bond ETF $TLT

Centerline Wealth Advisors LLC cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 83.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,001 shares of the exchange traded fund’s stock after selling 61,972 shares during the quarter. Centerline Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,046,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. increased its position in iShares 20+ Year Treasury Bond ETF by 3.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 41,721,495 shares of the exchange traded fund’s stock valued at $3,728,650,000 after acquiring an additional 1,195,788 shares during the period. JPMorgan Chase & Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 84.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after acquiring an additional 3,632,572 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 8.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 6,657,532 shares of the exchange traded fund’s stock worth $594,984,000 after acquiring an additional 527,803 shares during the period. Harvest Portfolios Group Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after acquiring an additional 33,088 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% in the 2nd 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. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.9%

NASDAQ:TLT opened at $85.83 on Monday. The firm has a market cap of $44.54 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock’s 50 day simple moving average is $88.22 and its 200-day simple moving average is $88.88. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.3006 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Monday, March 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. 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.