Lebenthal Global Advisors LLC Reduces Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lebenthal Global Advisors LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 41.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 166,839 shares of the exchange traded fund’s stock after selling 119,286 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises about 2.7% of Lebenthal Global Advisors LLC’s portfolio, making the stock its 11th largest holding. Lebenthal Global Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,570,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of TLT. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% in 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 purchasing an additional 31,502,110 shares during the last quarter. Assetmark Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after buying an additional 4,322,688 shares during the last quarter. Harvest Portfolios Group Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 33.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after acquiring an additional 683,915 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after acquiring an additional 709,409 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 14.0% in the third quarter. Hantz Financial Services Inc. now owns 1,782,601 shares of the exchange traded fund’s stock worth $174,873,000 after acquiring an additional 219,372 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $87.96 on Monday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The company has a market capitalization of $51.73 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a fifty day moving average of $89.35 and a 200 day moving average of $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.351 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 annualized dividend and a yield of 4.79%. The ex-dividend date was Wednesday, December 18th.

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.