Mill Creek Capital Advisors LLC Sells 107,768 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mill Creek Capital Advisors LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 93.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,794 shares of the exchange traded fund’s stock after selling 107,768 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $765,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after buying an additional 31,502,110 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after purchasing an additional 6,457,638 shares in the last quarter. Assetmark Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares in the last quarter. Annex Advisory Services LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% during the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock valued at $233,021,000 after purchasing an additional 2,516,950 shares during the last quarter. Finally, Hantz Financial Services Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth $143,473,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

Shares of NASDAQ:TLT opened at $90.08 on Friday. The stock has a market capitalization of $58.35 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock’s 50-day moving average price is $95.13 and its 200-day moving average price is $94.21. iShares 20+ Year Treasury Bond ETF has a 12-month low of $87.34 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.3105 dividend. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. This represents a $3.73 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date was Friday, November 1st.

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.