Watts Gwilliam & Co. LLC Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

by · The Markets Daily

Watts Gwilliam & Co. LLC decreased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 14.0% in the second quarter, Holdings Channel.com reports. The firm owned 45,350 shares of the exchange traded fund’s stock after selling 7,387 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 0.7% of Watts Gwilliam & Co. LLC’s investment portfolio, making the stock its 29th largest position. Watts Gwilliam & Co. LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,045,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,525,707 shares of the exchange traded fund’s stock worth $3,576,394,000 after acquiring an additional 2,508,650 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 84.9% during the second quarter. JPMorgan Chase & Co. now owns 7,909,435 shares of the exchange traded fund’s stock worth $698,008,000 after acquiring an additional 3,632,572 shares in the last quarter. Harvest Portfolios Group Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 19.7% during the first quarter. Harvest Portfolios Group Inc. now owns 3,638,683 shares of the exchange traded fund’s stock worth $331,229,000 after acquiring an additional 599,149 shares in the last quarter. Raymond James Financial Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 2.7% in the first quarter. Raymond James Financial Inc. now owns 2,881,751 shares of the exchange traded fund’s stock worth $262,326,000 after purchasing an additional 74,660 shares during the period. Finally, Alliancebernstein L.P. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.3% during the second quarter. Alliancebernstein L.P. now owns 2,814,624 shares of the exchange traded fund’s stock valued at $248,391,000 after purchasing an additional 63,442 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

TLT stock opened at $87.34 on Monday. The firm has a 50 day moving average price of $89.84 and a 200-day moving average price of $88.17. iShares 20+ Year Treasury Bond ETF has a 52-week low of $83.29 and a 52-week high of $94.09. The firm has a market capitalization of $47.84 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were paid a dividend of $0.3206 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.4%.

iShares 20+ Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report).