Parkside Financial Bank & Trust Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Parkside Financial Bank & Trust lessened its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 889 shares of the exchange traded fund’s stock after selling 163 shares during the quarter. Parkside Financial Bank & Trust’s holdings in iShares 20+ Year Treasury Bond ETF were worth $78,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after buying an additional 4,322,688 shares during the last quarter. Harvest Portfolios Group Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after buying an additional 683,915 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after buying an additional 353,468 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 9.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after buying an additional 175,574 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 9.5% during the 3rd quarter. Stifel Financial Corp now owns 1,684,820 shares of the exchange traded fund’s stock valued at $165,281,000 after buying an additional 145,687 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $92.39 on Monday. The stock’s 50-day simple moving average is $88.07 and its 200 day simple moving average is $92.39. The stock has a market capitalization of $56.15 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3123 per share. The ex-dividend date was Monday, February 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.