Hsbc Holdings PLC Has $121.78 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Hsbc Holdings PLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 45.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,395,452 shares of the exchange traded fund’s stock after selling 1,155,808 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $121,783,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after purchasing an additional 10,380,437 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 3.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after purchasing an additional 1,418,641 shares in the last quarter. Morgan Stanley raised its stake in iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after purchasing an additional 4,577,906 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 125.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after purchasing an additional 44,234,543 shares during the period. Finally, Harvest Portfolios Group Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the third quarter. Harvest Portfolios Group Inc. now owns 3,535,387 shares of the exchange traded fund’s stock worth $315,958,000 after purchasing an additional 33,088 shares during the period. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $86.75 on Monday. The company has a market capitalization of $43.17 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.77 and a 12-month high of $92.18. The firm’s 50-day moving average price is $85.66 and its two-hundred day moving average price is $87.08.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.3358 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, June 1st. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.