Commonwealth Financial Services LLC Sells 139,102 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Commonwealth Financial Services LLC decreased its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 96.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,762 shares of the exchange traded fund’s stock after selling 139,102 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $567,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares during the period. Jane Street Group LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 49.1% during the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after acquiring an additional 6,457,638 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after acquiring an additional 814,240 shares during the period. Cibc World Market Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after purchasing an additional 1,511,435 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after purchasing an additional 359,489 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1 %

Shares of iShares 20+ Year Treasury Bond ETF stock traded up $0.10 during mid-day trading on Thursday, reaching $92.17. 5,187,125 shares of the stock were exchanged, compared to its average volume of 39,297,973. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.13 and a fifty-two week high of $101.64. The company has a market cap of $59.33 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The firm has a 50-day simple moving average of $97.33 and a 200 day simple moving average of $93.95.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

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.