Assetmark Inc. Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Assetmark Inc. cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 87.1% during the second quarter, Holdings Channel reports. The firm owned 216,422 shares of the exchange traded fund’s stock after selling 1,462,263 shares during the quarter. Assetmark Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,099,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of TLT. MassMutual Private Wealth & Trust FSB increased its stake in iShares 20+ Year Treasury Bond ETF by 38.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV increased its stake in iShares 20+ Year Treasury Bond ETF by 416.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 416 shares during the period. Rossby Financial LCC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $51,000. Harbor Investment Advisory LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 1,477.5% during the second quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock worth $56,000 after purchasing an additional 591 shares during the period. Finally, Centennial Bank AR purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $63,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $90.29 on Friday. The firm has a market capitalization of $49.32 billion, a PE ratio of -6.75 and a beta of 0.53. The firm’s 50-day moving average is $89.49 and its two-hundred day moving average is $87.67. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3104 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.