iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Avaii Wealth Management LLC

Avaii Wealth Management LLC trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,232 shares of the exchange traded fund’s stock after selling 873 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $203,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 15,956,950 shares of the exchange traded fund’s stock worth $1,393,520,000 after purchasing an additional 298,003 shares during the last quarter. FMR LLC grew its position in iShares 20+ Year Treasury Bond ETF by 24.3% in the 4th quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after acquiring an additional 1,421,699 shares in the last quarter. LPL Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock valued at $527,045,000 after acquiring an additional 235,504 shares in the last quarter. Capula Management Ltd acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $455,550,000. Finally, Mackenzie Financial Corp grew its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Mackenzie Financial Corp now owns 3,911,300 shares of the exchange traded fund’s stock valued at $341,574,000 after acquiring an additional 35,500 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $86.33 on Friday. The company has a market cap of $46.71 billion, a P/E ratio of -6.75 and a beta of 0.06. The stock has a 50-day moving average of $86.77 and a two-hundred day moving average of $88.58. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.30 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.3195 dividend. This represents a $3.83 annualized dividend and a yield of 4.44%. The ex-dividend date of this dividend was Monday, June 2nd.

About iShares 20+ Year Treasury Bond ETF

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.