CENTRAL TRUST Co Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

CENTRAL TRUST Co cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 61.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,139 shares of the exchange traded fund’s stock after selling 5,079 shares during the quarter. CENTRAL TRUST Co’s holdings in iShares 20+ Year Treasury Bond ETF were worth $277,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 1.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 38,017,057 shares of the exchange traded fund’s stock valued at $3,460,693,000 after buying an additional 374,811 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 200.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock worth $3,281,866,000 after buying an additional 71,888,500 shares during the last quarter. Harvest Portfolios Group Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the 1st quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after buying an additional 599,149 shares during the last quarter. Simplex Trading LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $278,367,000. Finally, Raymond James Financial Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.7% in the 1st quarter. Raymond James Financial Inc. now owns 2,881,751 shares of the exchange traded fund’s stock valued at $262,326,000 after purchasing an additional 74,660 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8%

NASDAQ:TLT opened at $89.38 on Friday. The stock’s 50 day moving average price is $90.03 and its 200 day moving average price is $87.80. The company has a market capitalization of $48.96 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a $0.3251 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, November 3rd.

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.