JPMorgan Chase & Co. Sells 7,772,086 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

JPMorgan Chase & Co. reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 36.8% in the first quarter, Holdings Channel.com reports. The fund owned 13,331,803 shares of the exchange traded fund’s stock after selling 7,772,086 shares during the period. JPMorgan Chase & Co. owned approximately 0.15% of iShares 20+ Year Treasury Bond ETF worth $1,805,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in TLT. First Trust Advisors LP boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 16.4% in the first quarter. First Trust Advisors LP now owns 24,345 shares of the exchange traded fund’s stock valued at $3,078,000 after acquiring an additional 3,428 shares during the period. OLD Mission Capital LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $9,970,000. Intelligence Driven Advisers LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $8,738,000. Comerica Bank increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.4% in the fourth quarter. Comerica Bank now owns 2,410 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 322 shares during the period. Finally, National Asset Management Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 18.6% in the fourth quarter. National Asset Management Inc. now owns 17,561 shares of the exchange traded fund’s stock worth $2,770,000 after buying an additional 2,748 shares in the last quarter.

NASDAQ TLT traded down $0.52 during trading on Friday, reaching $142.02. The company’s stock had a trading volume of 405,979 shares, compared to its average volume of 13,942,385. The stock has a fifty day moving average of $138.53. iShares 20+ Year Treasury Bond ETF has a one year low of $133.19 and a one year high of $172.25.

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.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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