Truist Financial Corp Reduces Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Truist Financial Corp cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,762,312 shares of the exchange traded fund’s stock after selling 59,261 shares during the period. Truist Financial Corp owned 0.30% of iShares 20+ Year Treasury Bond ETF worth $161,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Gateway Wealth Partners LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 7.4% in the second quarter. Gateway Wealth Partners LLC now owns 9,061 shares of the exchange traded fund’s stock valued at $832,000 after acquiring an additional 625 shares during the period. High Falls Advisors Inc boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the 2nd quarter. High Falls Advisors Inc now owns 89,064 shares of the exchange traded fund’s stock worth $8,174,000 after purchasing an additional 2,966 shares during the period. Regal Investment Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 9.8% during the 2nd quarter. Regal Investment Advisors LLC now owns 33,738 shares of the exchange traded fund’s stock valued at $3,096,000 after purchasing an additional 3,015 shares during the last quarter. Invst LLC raised its position in iShares 20+ Year Treasury Bond ETF by 9.9% in the 2nd quarter. Invst LLC now owns 126,086 shares of the exchange traded fund’s stock worth $11,336,000 after purchasing an additional 11,315 shares during the period. Finally, Sunbelt Securities Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 10.3% in the second quarter. Sunbelt Securities Inc. now owns 49,852 shares of the exchange traded fund’s stock worth $4,575,000 after purchasing an additional 4,673 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $98.10 on Tuesday. The business has a 50 day simple moving average of $97.55 and a two-hundred day simple moving average of $93.77. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $101.64. The firm has a market capitalization of $58.15 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.