New Harbor Financial Group LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 30.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 376,256 shares of the exchange traded fund’s stock after selling 164,819 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 4.4% of New Harbor Financial Group LLC’s investment portfolio, making the stock its 10th biggest position. New Harbor Financial Group LLC owned approximately 0.06% of iShares 20+ Year Treasury Bond ETF worth $29,265,000 as of its most recent filing with the SEC.
Several other institutional investors also recently modified their holdings of TLT. Envestnet Asset Management Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 18.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,550,822 shares of the exchange traded fund’s stock worth $479,702,000 after purchasing an additional 860,164 shares in the last quarter. Aozora Bank LTD. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $198,507,000. The Manufacturers Life Insurance Company boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 141.9% during the second quarter. The Manufacturers Life Insurance Company now owns 1,311,965 shares of the exchange traded fund’s stock valued at $113,380,000 after purchasing an additional 769,615 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 30.1% during the second quarter. HighTower Advisors LLC now owns 1,052,408 shares of the exchange traded fund’s stock valued at $90,949,000 after purchasing an additional 243,793 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 34.1% during the second quarter. State Street Corp now owns 739,553 shares of the exchange traded fund’s stock worth $63,912,000 after purchasing an additional 188,174 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.
iShares 20+ Year Treasury Bond ETF Stock Performance
Shares of NASDAQ:TLT traded down $0.40 during midday trading on Friday, hitting $81.34. 34,787,676 shares of the stock were exchanged, compared to its average volume of 34,255,156. The business’s 50-day moving average price is $80.56 and its 200 day moving average price is $83.48. iShares 20+ Year Treasury Bond ETF has a 12 month low of $76.43 and a 12 month high of $92.18. The stock has a market capitalization of $47.56 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.
iShares 20+ Year Treasury Bond ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3116 per share. The ex-dividend date was Thursday, October 1st. This represents a $3.74 annualized dividend and a yield of 4.6%. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147.
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. 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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