Fmr LLC Sells 10,805,442 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Fmr LLC lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 64.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,853,290 shares of the exchange traded fund’s stock after selling 10,805,442 shares during the period. Fmr LLC owned 0.90% of iShares 20+ Year Treasury Bond ETF worth $574,208,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. McAdam LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after acquiring an additional 5,893 shares during the period. Saxon Interests Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.4% in the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 1,355 shares during the last quarter. Riverwater Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $223,000. Vontobel Holding Ltd. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Finally, Wedgewood Investors Inc. PA bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at $481,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $93.01 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $87.34 and a 52-week high of $101.64. The business’s fifty day moving average is $93.66 and its 200-day moving average is $94.29. The firm has a market cap of $60.25 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.3105 dividend. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.73 annualized dividend and a dividend yield of 4.01%.

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.