Northeast Financial Group Inc. Sells 22,698 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Northeast Financial Group Inc. decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,421 shares of the exchange traded fund’s stock after selling 22,698 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 2.0% of Northeast Financial Group Inc.’s investment portfolio, making the stock its 14th biggest holding. Northeast Financial Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,339,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after buying an additional 814,240 shares during the last quarter. Cibc World Market Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after buying an additional 1,511,435 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after buying an additional 359,489 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $90.08 on Friday. The company has a market cap of $58.35 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $87.34 and a 1 year high of $101.64. The stock’s fifty day moving average price is $95.13 and its 200-day moving average price is $94.17.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company 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 an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st.

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.