iShares 20+ Year Treasury Bond ETF $TLT Stake Reduced by Kestra Advisory Services LLC

Kestra Advisory Services LLC lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 39.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,109 shares of the exchange traded fund’s stock after selling 107,433 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,687,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aozora Bank LTD. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $198,507,000. Envestnet Asset Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 18.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after acquiring an additional 860,164 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of 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 during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 2,830.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 685,649 shares of the exchange traded fund’s stock worth $59,254,000 after acquiring an additional 662,248 shares in the last quarter. Finally, Tectonic Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 2,200.2% during the third quarter. Tectonic Advisors LLC now owns 384,917 shares of the exchange traded fund’s stock worth $29,939,000 after acquiring an additional 368,183 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $81.96 on Tuesday. The stock has a 50 day moving average price of $80.36 and a 200 day moving average price of $84.47. iShares 20+ Year Treasury Bond ETF has a 52 week low of $76.43 and a 52 week high of $90.86. The stock has a market capitalization of $48.91 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a dividend of $0.3432 per share. This is a positive change 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 annualized dividend and a dividend yield of 5.0%.

About iShares 20+ Year Treasury Bond ETF

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.