Quadrant Private Wealth Management LLC Sells 7,838 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Quadrant Private Wealth Management LLC trimmed its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,822 shares of the exchange traded fund’s stock after selling 7,838 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for 1.5% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 18th largest holding. Quadrant Private Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,272,000 as of its most recent filing with the SEC.

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

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $89.15 on Friday. The company has a market cap of $54.19 billion, a P/E ratio of -7.14 and a beta of 0.06. The business’s 50 day moving average price is $88.19 and its 200-day moving average price is $92.89. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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