iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Sumitomo Mitsui Financial Group Inc.

Sumitomo Mitsui Financial Group Inc. reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 300,063 shares of the exchange traded fund’s stock after selling 24,432 shares during the quarter. Sumitomo Mitsui Financial Group Inc. owned about 0.06% of iShares 20+ Year Treasury Bond ETF worth $26,153,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Strategic Investment Advisors MI acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $27,000. Smartleaf Asset Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $33,000. Trust Co. of Vermont raised its stake in iShares 20+ Year Treasury Bond ETF by 90.5% during the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 181 shares in the last quarter. Stone House Investment Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 352 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $35,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $85.98 on Friday. The firm has a market cap of $42.78 billion, a PE ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a one year low of $82.77 and a one year high of $92.18. The firm’s fifty day moving average is $85.71 and its two-hundred day moving average is $87.24.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.3358 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, June 1st.

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.