Stephens Inc. AR Decreases Stake in iShares 20+ Year Treasury Bond ETF $TLT

Stephens Inc. AR lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 93,633 shares of the exchange traded fund’s stock after selling 7,367 shares during the period. Stephens Inc. AR’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,263,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Coastline Trust Co purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth $32,000. First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth $38,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 129 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 416.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 416 shares during the last quarter. Finally, Rossby Financial LCC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth $51,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $91.55 on Tuesday. The firm has a fifty day moving average price of $88.66 and a 200 day moving average price of $87.46. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.85. The stock has a market cap of $49.94 billion, a PE ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3104 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.