American Asset Management Inc. Cuts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

American Asset Management Inc. decreased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 98.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,364 shares of the exchange traded fund’s stock after selling 204,617 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 0.2% of American Asset Management Inc.’s investment portfolio, making the stock its 20th biggest position. American Asset Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $206,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second 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 acquiring an additional 31,502,110 shares during the last quarter. Assetmark Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares during the last quarter. Mackenzie Financial Corp boosted its position in iShares 20+ Year Treasury Bond ETF by 5.4% during the second quarter. Mackenzie Financial Corp now owns 3,059,000 shares of the exchange traded fund’s stock worth $280,755,000 after acquiring an additional 155,900 shares during the last quarter. Harvest Portfolios Group Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 33.0% during the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after acquiring an additional 683,915 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 51.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after acquiring an additional 709,409 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2 %

TLT opened at $87.19 on Tuesday. The firm has a market capitalization of $51.62 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The firm’s 50-day moving average price is $89.57 and its 200 day moving average price is $93.51.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 annualized dividend and a yield of 4.83%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th.

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.