The Manufacturers Life Insurance Company Sells 554,448 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

The Manufacturers Life Insurance Company cut its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 48.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 587,569 shares of the exchange traded fund’s stock after selling 554,448 shares during the quarter. The Manufacturers Life Insurance Company owned 0.09% of iShares 20+ Year Treasury Bond ETF worth $57,640,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after purchasing an additional 31,502,110 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after purchasing an additional 814,240 shares during the last quarter. Cibc World Market Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 21.9% during the second 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 last quarter. LPL Financial LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 7.9% during the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock valued at $448,976,000 after purchasing an additional 359,489 shares during the last quarter. Finally, Assetmark Inc. lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third 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. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.7 %

TLT opened at $93.01 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $87.34 and a 12-month high of $101.64. The stock has a market cap of $60.25 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average of $93.66 and a 200-day moving average of $94.29.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.3105 dividend. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.01%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st.

iShares 20+ Year Treasury Bond ETF Company 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.