iShares 20+ Year Treasury Bond ETF $TLT Stake Trimmed by MAI Capital Management

MAI Capital Management lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 14,373 shares of the exchange traded fund’s stock after selling 4,204 shares during the period. MAI Capital Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,268,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Cadence Wealth Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 11.6% in the second quarter. Cadence Wealth Management LLC now owns 478,488 shares of the exchange traded fund’s stock worth $42,227,000 after acquiring an additional 49,754 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 84.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after purchasing an additional 3,632,572 shares during the period. Prudential PLC grew its position in iShares 20+ Year Treasury Bond ETF by 103.1% during the 2nd quarter. Prudential PLC now owns 510,750 shares of the exchange traded fund’s stock worth $45,074,000 after purchasing an additional 259,267 shares in the last quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co raised its stake in iShares 20+ Year Treasury Bond ETF by 88.1% during the 2nd quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 6,444 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 3,019 shares during the period. Finally, Miller Financial Services LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 18.0% during the 2nd quarter. Miller Financial Services LLC now owns 24,140 shares of the exchange traded fund’s stock valued at $2,130,000 after purchasing an additional 3,688 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.6%

TLT opened at $90.01 on Tuesday. The firm has a market capitalization of $49.31 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock has a fifty day moving average of $89.96 and a 200-day moving average of $87.83. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a $0.3251 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.