Navigation Wealth Management Inc. Reduces Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Navigation Wealth Management Inc. lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 95.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,710 shares of the exchange traded fund’s stock after selling 55,421 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 0.4% of Navigation Wealth Management Inc.’s holdings, making the stock its 21st biggest position. Navigation Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $242,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock valued at $3,576,394,000 after purchasing an additional 2,508,650 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 84.9% in the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock valued at $698,008,000 after buying an additional 3,632,572 shares during the last quarter. Alliancebernstein L.P. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after buying an additional 63,442 shares during the period. Hantz Financial Services Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 3.3% during the second quarter. Hantz Financial Services Inc. now owns 2,669,542 shares of the exchange traded fund’s stock worth $235,587,000 after acquiring an additional 86,013 shares during the last quarter. Finally, Rockefeller Capital Management L.P. grew its stake in iShares 20+ Year Treasury Bond ETF by 1.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 1,318,028 shares of the exchange traded fund’s stock worth $116,316,000 after acquiring an additional 17,729 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $88.33 on Thursday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09. The company has a market capitalization of $47.09 billion, a PE ratio of -6.75 and a beta of 0.53. The stock has a fifty day moving average of $88.48 and a two-hundred day moving average of $88.37.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.3424 per share. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, December 19th.

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. 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.