Prudential PLC Decreases Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Prudential PLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 81.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 196,548 shares of the exchange traded fund’s stock after selling 850,072 shares during the quarter. Prudential PLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $17,131,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Strategic Investment Advisors MI acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Smartleaf Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $33,000. Trust Co. of Vermont increased its holdings in iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 181 shares during the period. Stone House Investment Management LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 1,066.7% in the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 352 shares during the period. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

Shares of NASDAQ:TLT opened at $85.50 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The company’s 50 day moving average is $85.84 and its 200 day moving average is $87.38. The company has a market cap of $42.54 billion, a PE ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.3358 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. 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.