Private Advisor Group LLC Sells 25,554 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Private Advisor Group LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 169,520 shares of the exchange traded fund’s stock after selling 25,554 shares during the quarter. Private Advisor Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,696,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of TLT. Silverlake Wealth Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 0.6% in the 4th quarter. Silverlake Wealth Management LLC now owns 21,019 shares of the exchange traded fund’s stock valued at $1,832,000 after buying an additional 115 shares in the last quarter. Yukon Wealth Management Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the third quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock valued at $2,095,000 after acquiring an additional 118 shares during the period. Advyzon Investment Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock valued at $1,201,000 after acquiring an additional 124 shares during the period. Harvest Fund Management Co. Ltd lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock valued at $82,000 after acquiring an additional 126 shares during the period. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,775 shares of the exchange traded fund’s stock valued at $329,000 after purchasing an additional 138 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $85.51 on Friday. The firm’s 50-day simple moving average is $85.60 and its 200-day simple moving average is $86.96. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The firm has a market cap of $41.10 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a $0.318 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.5%.

iShares 20+ Year Treasury Bond ETF 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. 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.