Financial & Investment Management Group Ltd. Decreases Position in iShares 20+ Year Treasury Bond ETF (TLT)

Financial & Investment Management Group Ltd. trimmed its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,181 shares of the exchange traded fund’s stock after selling 574 shares during the quarter. Financial & Investment Management Group Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Longer Investments Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $7,977,000. Eqis Capital Management Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 2.4% during the 3rd quarter. Eqis Capital Management Inc. now owns 147,792 shares of the exchange traded fund’s stock valued at $17,740,000 after purchasing an additional 3,453 shares in the last quarter. Q3 Asset Management bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $1,987,000. Dorsey Wright & Associates bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $1,005,000. Finally, Berkshire Asset Management LLC PA bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $319,000.

NASDAQ:TLT opened at $113.98 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $112.62 and a fifty-two week high of $128.59.

The company also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Shareholders of record on Tuesday, October 2nd were paid a dividend of $0.2609 per share. The ex-dividend date of this dividend was Monday, October 1st. This represents a $3.13 dividend on an annualized basis and a yield of 2.75%.

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.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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