The Manufacturers Life Insurance Company Sells 457,772 Shares of iShares 20+ Year Treasury Bond ETF $TLT

The Manufacturers Life Insurance Company cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) by 45.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 542,350 shares of the exchange traded fund’s stock after selling 457,772 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares 20+ Year Treasury Bond ETF were worth $47,016,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Yukon Wealth Management Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.5% in the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after buying an additional 118 shares during the period. Advyzon Investment Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock worth $1,201,000 after acquiring an additional 124 shares during the period. Harvest Fund Management Co. Ltd lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 15.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock worth $82,000 after acquiring an additional 126 shares during the period. United Asset Strategies Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1.2% in the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock valued at $901,000 after acquiring an additional 126 shares during the last quarter. Finally, Ranch Capital Advisors Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Ranch Capital Advisors Inc. now owns 3,940 shares of the exchange traded fund’s stock valued at $342,000 after acquiring an additional 135 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $82.80 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.51 and a fifty-two week high of $92.18. The company has a 50 day simple moving average of $85.13 and a two-hundred day simple moving average of $86.47. The company has a market capitalization of $42.38 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.318 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares 20+ Year Treasury Bond ETF Company 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.

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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:TLTFree Report).

Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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