Dearborn Partners LLC Sells 193 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Dearborn Partners LLC lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,500 shares of the exchange traded fund’s stock after selling 193 shares during the quarter. Dearborn Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $218,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after buying an additional 27,586 shares during the last quarter. Commerce Bank raised its position in iShares 20+ Year Treasury Bond ETF by 32.7% during the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after acquiring an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 201 shares during the period. Finally, Dynasty Wealth Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 50.7% during the 4th quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after purchasing an additional 304,416 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $90.40 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock has a market cap of $54.95 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. The firm’s 50-day moving average is $88.54 and its 200-day moving average is $92.04.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.2898 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.