AIA Group Ltd Sells 108,084 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AIA Group Ltd cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 615,741 shares of the exchange traded fund’s stock after selling 108,084 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 2.5% of AIA Group Ltd’s portfolio, making the stock its 4th largest holding. AIA Group Ltd’s holdings in iShares 20+ Year Treasury Bond ETF were worth $60,884,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TLT. New Republic Capital LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $26,000. Register Financial Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $28,000. Stonebridge Capital Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at $29,000. SJS Investment Consulting Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $31,000. Finally, Compass Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth about $34,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock traded down $0.54 during trading hours on Thursday, reaching $88.74. 25,346,793 shares of the company’s stock traded hands, compared to its average volume of 43,629,270. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $107.24. The firm’s 50 day moving average is $93.04 and its 200-day moving average is $92.41.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.3124 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 annualized dividend and a yield of 4.22%.

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.