Hsbc Holdings PLC Decreases Holdings in Ishares Lehman 20 Year (TLT)

Hsbc Holdings PLC trimmed its holdings in Ishares Lehman 20 Year (NASDAQ:TLT) by 99.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,095 shares of the exchange traded fund’s stock after selling 225,901 shares during the quarter. Hsbc Holdings PLC’s holdings in Ishares Lehman 20 Year were worth $255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. M&T Bank Corp purchased a new stake in shares of Ishares Lehman 20 Year during the 4th quarter valued at approximately $257,000. First Trust Advisors LP raised its position in shares of Ishares Lehman 20 Year by 118.7% during the 4th quarter. First Trust Advisors LP now owns 158,826 shares of the exchange traded fund’s stock valued at $20,149,000 after buying an additional 86,203 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Ishares Lehman 20 Year by 239.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 24,553 shares of the exchange traded fund’s stock valued at $3,115,000 after buying an additional 17,320 shares during the period. Bank of New York Mellon Corp raised its position in shares of Ishares Lehman 20 Year by 0.6% during the 4th quarter. Bank of New York Mellon Corp now owns 493,093 shares of the exchange traded fund’s stock valued at $62,553,000 after buying an additional 2,756 shares during the period. Finally, Schroder Investment Management Group purchased a new stake in shares of Ishares Lehman 20 Year during the 4th quarter valued at approximately $14,378,000.

TLT stock opened at $120.53 on Friday. Ishares Lehman 20 Year has a one year low of $116.09 and a one year high of $129.57.

The company also recently declared a monthly dividend, which was paid on Thursday, June 7th. Stockholders of record on Monday, June 4th were given a dividend of $0.2807 per share. This represents a $3.37 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend was Friday, June 1st. This is a positive change from Ishares Lehman 20 Year’s previous monthly dividend of $0.26.

Ishares Lehman 20 Year 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.

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Institutional Ownership by Quarter for Ishares Lehman 20 Year (NASDAQ:TLT)

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