AE Wealth Management LLC Sells 186,422 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

AE Wealth Management LLC cut its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 38.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,554 shares of the exchange traded fund’s stock after selling 186,422 shares during the quarter. AE Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $27,034,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 134.1% in the 4th quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock valued at $3,615,731,000 after purchasing an additional 20,946,006 shares during the period. Jane Street Group LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in 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 purchasing an additional 6,457,638 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock valued at $1,701,794,000 after purchasing an additional 1,090,199 shares during the period. TD Asset Management Inc raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 26.2% in the 4th quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock valued at $963,038,000 after purchasing an additional 2,023,240 shares during the period. Finally, Cibc World Market Inc. raised its holdings in shares of 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 valued at $771,520,000 after purchasing an additional 1,511,435 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $99.26 on Friday. The firm’s 50-day moving average is $96.75 and its 200-day moving average is $93.59. The stock has a market cap of $58.84 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued 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.