IFP Advisors Inc Decreases Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

IFP Advisors Inc lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 19.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 446,710 shares of the exchange traded fund’s stock after selling 109,400 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.7% of IFP Advisors Inc’s portfolio, making the stock its 19th largest position. IFP Advisors Inc owned 0.09% of iShares 20+ Year Treasury Bond ETF worth $38,605,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TLT. JPMorgan Chase & Co. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after acquiring an additional 10,380,437 shares in the last quarter. Morgan Stanley lifted its stake in iShares 20+ Year Treasury Bond ETF by 31.3% during the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after purchasing an additional 4,577,906 shares during the last quarter. Pureheart Capital Pte Ltd. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $292,683,000. Finally, Aozora Bank LTD. acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $198,507,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0%

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $82.20 on Wednesday. The firm has a market capitalization of $41.40 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a 52 week low of $81.17 and a 52 week high of $92.18. The firm’s 50 day moving average is $83.19 and its two-hundred day moving average is $85.37.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.3147 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.