Lwmg LLC Sells 128,616 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lwmg LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 95.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,916 shares of the exchange traded fund’s stock after selling 128,616 shares during the quarter. Lwmg LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $580,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TLT. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Jane Street Group LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 49.1% during the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after purchasing an additional 814,240 shares during the period. Cibc World Market Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after buying an additional 1,511,435 shares during the period. Finally, LPL Financial LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 7.9% in the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after buying an additional 359,489 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock traded down $1.19 during midday trading on Friday, reaching $95.55. 56,970,281 shares of the company’s stock traded hands, compared to its average volume of 39,613,758. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $101.64. The company has a 50-day moving average price of $97.94 and a two-hundred day moving average price of $93.88. The firm has a market capitalization of $59.20 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

iShares 20+ Year Treasury Bond ETF 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.