Invesco Ltd. Has $63.02 Million Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Invesco Ltd. decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.0% during the 1st quarter, Holdings Channel reports. The firm owned 692,250 shares of the exchange traded fund’s stock after selling 282,750 shares during the period. Invesco Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $63,016,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Park Place Capital Corp raised its stake in iShares 20+ Year Treasury Bond ETF by 13.1% in the 1st quarter. Park Place Capital Corp now owns 999 shares of the exchange traded fund’s stock valued at $91,000 after acquiring an additional 116 shares during the period. Fort Sheridan Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 2.3% in the 1st quarter. Fort Sheridan Advisors LLC now owns 5,317 shares of the exchange traded fund’s stock valued at $484,000 after acquiring an additional 117 shares during the period. Heritage Family Offices LLP raised its stake in iShares 20+ Year Treasury Bond ETF by 4.7% in the 1st quarter. Heritage Family Offices LLP now owns 2,628 shares of the exchange traded fund’s stock valued at $239,000 after acquiring an additional 118 shares during the period. Main Street Group LTD raised its stake in iShares 20+ Year Treasury Bond ETF by 16.0% in the 4th quarter. Main Street Group LTD now owns 872 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 120 shares during the period. Finally, Slagle Financial LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 1.7% in the 1st quarter. Slagle Financial LLC now owns 7,779 shares of the exchange traded fund’s stock valued at $708,000 after acquiring an additional 133 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7%

TLT opened at $86.40 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.29 and a 1-year high of $101.64. The stock’s fifty day simple moving average is $86.72 and its 200 day simple moving average is $87.88. The stock has a market cap of $48.31 billion, a PE ratio of -6.75 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were paid a $0.3308 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date was Friday, August 1st. This represents a c) dividend on an annualized basis and a yield of 4.6%.

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.