iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by New Harbor Financial Group LLC

New Harbor Financial Group LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 376,256 shares of the exchange traded fund’s stock after selling 164,819 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 4.4% of New Harbor Financial Group LLC’s investment portfolio, making the stock its 10th largest holding. New Harbor Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $29,265,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Summer Road LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 117.6% in the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the period. Axiom Investment Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter worth approximately $32,000. Versant Capital Management Inc lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,126.1% in the third quarter. Versant Capital Management Inc now owns 564 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 518 shares during the period. Mosley Wealth Management lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 9,933.3% in the second quarter. Mosley Wealth Management now owns 602 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 596 shares during the period. Finally, Cornerstone Planning Group LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 123.6% in the second quarter. Cornerstone Planning Group LLC now owns 615 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 340 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5%

TLT stock traded down $0.40 during trading on Friday, hitting $81.34. The company had a trading volume of 34,787,676 shares, compared to its average volume of 34,255,156. The business has a 50-day moving average of $80.56 and a 200-day moving average of $83.48. iShares 20+ Year Treasury Bond ETF has a one year low of $76.43 and a one year high of $92.18. The stock has a market cap of $47.56 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.3116 dividend. This is a decrease from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date was Thursday, October 1st. This represents a $3.74 dividend on an annualized basis and a dividend yield of 4.6%.

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. 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.