iShares 20+ Year Treasury Bond ETF $TLT Stock: International Private Wealth Advisors LLC Trims Position

International Private Wealth Advisors LLC decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,832 shares of the exchange traded fund’s stock after selling 19,265 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.9% of International Private Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest holding. International Private Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,120,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of TLT. Envestnet Asset Management Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 18.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock worth $479,702,000 after acquiring an additional 860,164 shares in the last quarter. Simplex Trading LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 60.4% in the third quarter. Simplex Trading LLC now owns 2,984,270 shares of the exchange traded fund’s stock valued at $232,117,000 after acquiring an additional 1,123,273 shares during the last quarter. Aozora Bank LTD. acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $198,507,000. The Manufacturers Life Insurance Company boosted its stake in iShares 20+ Year Treasury Bond ETF by 141.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after acquiring an additional 769,615 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 30.1% in the second quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock valued at $90,949,000 after acquiring an additional 243,793 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $80.92 on Thursday. The stock’s 50-day moving average is $80.31 and its two-hundred day moving average is $84.40. iShares 20+ Year Treasury Bond ETF has a 1 year low of $76.43 and a 1 year high of $90.86. The firm has a market cap of $48.29 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a $0.3432 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3116. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $4.12 dividend on an annualized basis and a dividend yield of 5.1%.

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.