TIAA Trust National Association Decreases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

TIAA Trust National Association reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.6% in the 4th quarter, Holdings Channel reports. The firm owned 384,853 shares of the exchange traded fund’s stock after selling 45,519 shares during the quarter. TIAA Trust National Association’s holdings in iShares 20+ Year Treasury Bond ETF were worth $33,609,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock worth $138,741,000 after purchasing an additional 1,509,302 shares in the last quarter. Quadrature Capital Ltd acquired a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $89,789,000. Cassaday & Co Wealth Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $68,474,000. US Bancorp DE grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 78.0% during the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after acquiring an additional 743,864 shares in the last quarter. Finally, DRW Securities LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $63,060,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $89.77 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The stock has a 50-day moving average price of $89.27 and a 200 day moving average price of $91.58. The company has a market capitalization of $54.56 billion, a P/E ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2898 per share. The ex-dividend date of this dividend was Monday, March 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.