Allspring Global Investments Holdings LLC Sells 317,769 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Allspring Global Investments Holdings LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 80.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,878 shares of the exchange traded fund’s stock after selling 317,769 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,626,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Commerce Bank lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares during the period. ST Germain D J Co. Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the period. Cornerstone Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 201 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 30.0% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 1,192,800 shares of the exchange traded fund’s stock worth $117,014,000 after acquiring an additional 275,095 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $88.21 on Thursday. The company has a market cap of $53.61 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business’s 50-day moving average is $87.92 and its two-hundred day moving average is $92.72. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.3123 dividend. The ex-dividend date was Monday, February 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.