Madrona Financial Services LLC Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Madrona Financial Services LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 86.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,354 shares of the exchange traded fund’s stock after selling 33,482 shares during the quarter. Madrona Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $487,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TLT. Capula Management Ltd purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $455,550,000. Aurora Private Wealth Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 8,040.5% during the first quarter. Aurora Private Wealth Inc. now owns 2,643,962 shares of the exchange traded fund’s stock worth $240,680,000 after buying an additional 2,611,483 shares during the last quarter. State of Tennessee Department of Treasury acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $194,796,000. Wealthfront Advisers LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 1,901.0% in the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after purchasing an additional 1,509,302 shares during the period. Finally, FMR LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 24.3% in the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after purchasing an additional 1,421,699 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1%

Shares of NASDAQ:TLT opened at $87.51 on Thursday. The company has a market cap of $47.35 billion, a P/E ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $83.30 and a 52 week high of $101.64. The company has a 50-day moving average price of $86.58 and a 200 day moving average price of $88.20.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a $0.3195 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.83 dividend on an annualized basis and a yield of 4.38%.

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.