JPMorgan Chase & Co. Cuts Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

JPMorgan Chase & Co. reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 27.2% during the fourth quarter, Holdings Channel reports. The fund owned 4,644,413 shares of the exchange traded fund’s stock after selling 1,732,009 shares during the period. JPMorgan Chase & Co.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $405,597,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Hollencrest Capital Management raised its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock worth $1,259,000 after purchasing an additional 122 shares during the period. New Republic Capital LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 12.2% in the 4th quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock valued at $113,000 after acquiring an additional 140 shares during the last quarter. Pinnacle Family Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 6.3% during the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 147 shares during the period. Claro Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after acquiring an additional 149 shares during the last quarter. Finally, Latko Wealth Management Ltd. increased its stake in iShares 20+ Year Treasury Bond ETF by 4.3% in the 4th quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 150 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $90.14 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The firm has a market cap of $54.79 billion, a PE ratio of -7.21 and a beta of 0.06. The business has a 50 day moving average price of $89.51 and a 200-day moving average price of $91.34.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2898 per share. The ex-dividend date 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.