TIAA Trust National Association Cuts Position in iShares 20+ Year Treasury Bond ETF $TLT

TIAA Trust National Association decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 125,095 shares of the exchange traded fund’s stock after selling 44,560 shares during the quarter. TIAA Trust National Association’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,903,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. CPR Investments Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 164.4% in the fourth quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock worth $6,692,000 after acquiring an additional 47,741 shares in the last quarter. Alliance Wealth Advisors LLC UT purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth $1,378,000. Benin Management CORP purchased a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $4,655,000. Affinity Wealth Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 2.6% in the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after acquiring an additional 7,325 shares in the last quarter. Finally, Consolidated Portfolio Review Corp raised its position in iShares 20+ Year Treasury Bond ETF by 129.3% in the third quarter. Consolidated Portfolio Review Corp now owns 16,112 shares of the exchange traded fund’s stock worth $1,439,000 after acquiring an additional 9,084 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $85.12 on Wednesday. The stock has a fifty day moving average price of $85.76 and a two-hundred day moving average price of $87.30. The stock has a market capitalization of $42.36 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

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

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.