LifeWealth Investments LLC Sells 52,888 Shares of iShares 20+ Year Treasury Bond ETF $TLT

LifeWealth Investments LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 64.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,131 shares of the exchange traded fund’s stock after selling 52,888 shares during the quarter. LifeWealth Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,266,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% in the second quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock valued at $479,702,000 after purchasing an additional 860,164 shares during the last quarter. Aozora Bank LTD. purchased a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $198,507,000. The Manufacturers Life Insurance Company raised its position in iShares 20+ Year Treasury Bond ETF by 141.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock worth $113,380,000 after acquiring an additional 769,615 shares during the period. HighTower Advisors LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 30.1% in the 2nd quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock valued at $90,949,000 after buying an additional 243,793 shares in the last quarter. Finally, State Street Corp raised its stake in iShares 20+ Year Treasury Bond ETF by 34.1% in the 2nd quarter. State Street Corp now owns 739,553 shares of the exchange traded fund’s stock valued at $63,912,000 after purchasing an additional 188,174 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1%

Shares of iShares 20+ Year Treasury Bond ETF stock traded up $0.10 on Wednesday, hitting $80.22. 18,142,968 shares of the company were exchanged, compared to its average volume of 33,976,605. iShares 20+ Year Treasury Bond ETF has a 1-year low of $76.43 and a 1-year high of $92.18. The stock has a market capitalization of $49.88 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. The company has a 50-day moving average price of $80.63 and a 200 day moving average price of $83.58.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.3116 per share. This represents a $3.74 annualized dividend and a yield of 4.7%. This is a negative change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. The ex-dividend date of this dividend was Thursday, October 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.