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Financial firms reduced holdings in Treasury bond ETFs, but institutional investors still own large portions.
Retirement Financial Solutions and TPG Financial Advisors both reduced their holdings of the iShares 7-10 Year Treasury Bond ETF (IEF) in the first quarter, selling 6,178 and 11,933 shares respectively.
Meanwhile, Avaii Wealth Management cut its holdings in the iShares 20+ Year Treasury Bond ETF (TLT) by 28.1%.
Despite these reductions, institutional investors still own significant portions of both ETFs, with 81.48% and 73.32% ownership, respectively.
The iShares 7-10 Year Treasury Bond ETF had a strong fourth quarter, with Focus Partners Wealth adding 596,806 shares.
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Las empresas financieras redujeron sus participaciones en ETF de bonos del Tesoro, pero los inversores institucionales siguen poseyendo grandes porciones.