Financial Counselors Inc. Trims Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Financial Counselors Inc. reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,580 shares of the exchange traded fund’s stock after selling 409 shares during the quarter. Financial Counselors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $487,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of TLT. LPL Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock valued at $527,045,000 after buying an additional 235,504 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 17.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after acquiring an additional 353,468 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF by 36.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,230,371 shares of the exchange traded fund’s stock worth $194,778,000 after purchasing an additional 592,846 shares in the last quarter. Hantz Financial Services Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 9.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after purchasing an additional 175,574 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 5.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,840,482 shares of the exchange traded fund’s stock valued at $160,729,000 after purchasing an additional 91,847 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.4 %

NASDAQ TLT opened at $90.14 on Friday. The business’s 50 day moving average is $89.51 and its two-hundred day moving average is $91.41. The stock has a market capitalization of $54.79 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2898 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.