Rakuten Securities Inc. Sells 12,662 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Rakuten Securities Inc. cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 37.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 21,559 shares of the exchange traded fund’s stock after selling 12,662 shares during the period. Rakuten Securities Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,879,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TLT. Davis Rea LTD. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $4,468,000. CPR Investments Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after purchasing an additional 47,741 shares in the last quarter. Alliance Wealth Advisors LLC UT purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $1,378,000. WestEnd Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 17.1% during the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock valued at $82,518,000 after buying an additional 134,792 shares during the period. Finally, First Horizon Corp bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $5,510,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $86.55 on Friday. The company has a 50-day simple moving average of $87.71 and a two-hundred day simple moving average of $88.43. The firm has a market capitalization of $42.30 billion, a PE ratio of -6.75 and a beta of 0.57. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.3448 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Wednesday, April 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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.