iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 340,038 shares of the exchange traded fund’s stock after selling 20,054 shares during the period. PNC Financial Services Group Inc. owned about 0.06% of iShares 20+ Year Treasury Bond ETF worth $30,008,000 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. United Asset Strategies Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 10.3% in the second quarter. United Asset Strategies Inc. now owns 11,350 shares of the exchange traded fund’s stock valued at $1,002,000 after purchasing an additional 1,061 shares during the last quarter. Wealth Alliance LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 56.0% in the 2nd quarter. Wealth Alliance LLC now owns 17,024 shares of the exchange traded fund’s stock valued at $1,502,000 after buying an additional 6,112 shares during the period. Advyzon Investment Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 71.3% during the 2nd quarter. Advyzon Investment Management LLC now owns 11,427 shares of the exchange traded fund’s stock worth $1,008,000 after purchasing an additional 4,758 shares during the last quarter. Verus Capital Partners LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 35.6% during the 2nd quarter. Verus Capital Partners LLC now owns 38,254 shares of the exchange traded fund’s stock worth $3,376,000 after purchasing an additional 10,039 shares during the period. Finally, Vise Technologies Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at $1,183,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.8%

iShares 20+ Year Treasury Bond ETF stock opened at $89.38 on Friday. The firm has a market capitalization of $48.96 billion, a P/E ratio of -6.75 and a beta of 0.53. The stock’s fifty day simple moving average is $90.03 and its 200-day simple moving average is $87.80. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a dividend of $0.3251 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, November 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.