iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stock Position Decreased by Western Financial Corp CA

Western Financial Corp CA lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 15,263 shares of the exchange traded fund’s stock after selling 3,113 shares during the period. Western Financial Corp CA’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,389,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of TLT. NBC Securities Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $25,000. Byrne Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $26,000. Proathlete Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $28,000. First Pacific Financial bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $38,000. Finally, Highline Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $41,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

NASDAQ TLT opened at $87.51 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64. The stock has a market cap of $47.35 billion, a price-to-earnings ratio of -6.75 and a beta of 0.06. The company has a 50-day moving average price of $86.58 and a two-hundred day moving average price of $88.20.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.3195 dividend. This represents a $3.83 annualized dividend and a yield of 4.38%. The ex-dividend date was Monday, June 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.