HighTower Advisors LLC Has $54.65 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

HighTower Advisors LLC decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 626,973 shares of the exchange traded fund’s stock after selling 126,988 shares during the period. HighTower Advisors LLC owned 0.12% of iShares 20+ Year Treasury Bond ETF worth $54,647,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. CPR Investments Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after purchasing an additional 47,741 shares during the period. Alliance Wealth Advisors LLC UT acquired a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $1,378,000. Benin Management CORP acquired a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $4,655,000. 4Thought Financial Group Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 51.1% during the 3rd quarter. 4Thought Financial Group Inc. now owns 45,488 shares of the exchange traded fund’s stock valued at $4,065,000 after purchasing an additional 15,377 shares during the period. Finally, AE Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 80.7% during the 3rd quarter. AE Wealth Management LLC now owns 198,486 shares of the exchange traded fund’s stock valued at $17,739,000 after purchasing an additional 88,648 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Key iShares 20+ Year Treasury Bond ETF News

Here are the key news stories impacting iShares 20+ Year Treasury Bond ETF this week:

• Positive Sentiment: Some analysts and market commentary argue that TLT may be nearing a bottom, with a few pieces recommending bond exposure as long-dated Treasury prices have been hit hard. Treasury ETF Falls. A Record Low Looms
• Positive Sentiment: Fixed-income ETFs are having a strong year overall as investors seek to lock in elevated yields, which could help support demand for Treasury funds like TLT over time. Bond ETFs Are Having A Banner Year As Investors Rush To Lock In High Yields
• Neutral Sentiment: Several articles highlight that inflation remains above the Fed’s target and that the bond market is reacting to a more hawkish rate outlook, which keeps long-duration Treasury ETFs volatile. There’s a Bond ETF That Resets Its Income for Inflation Every Six Months. Almost None of Your Friends Own It.
• Negative Sentiment: Rising long-term Treasury yields remain the biggest headwind for TLT, since higher yields push bond prices lower; coverage noted the 10-year yield near 4.7% and the 30-year yield at a 19-year high. The Global Bond Rout Is Accelerating. Here’s What to Know.
• Negative Sentiment: Fear that the Federal Reserve may keep policy tighter for longer is weighing on bond ETFs broadly, adding further downside pressure to TLT. Fed Rate Hike Fears: Rippling Through ETF Flows

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $83.91 on Thursday. The company has a market capitalization of $41.75 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53. The firm’s 50 day simple moving average is $86.22 and its 200 day simple moving average is $87.73. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.3153 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Friday, May 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.