Private Advisor Group LLC Has $16.31 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Private Advisor Group LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 186,731 shares of the exchange traded fund’s stock after selling 61,795 shares during the quarter. Private Advisor Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $16,307,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Independence Bank of Kentucky acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $26,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $30,000. New Wave Wealth Advisors LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $32,000. Van ECK Associates Corp increased its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 178 shares during the last quarter. Finally, West Branch Capital LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.1 %

TLT stock opened at $88.21 on Thursday. The company has a market cap of $53.61 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The business has a 50 day moving average price of $87.92 and a two-hundred day moving average price of $92.72.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.3123 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares 20+ Year Treasury Bond ETF 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.