iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 60.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,916 shares of the exchange traded fund’s stock after selling 79,485 shares during the period. Sowell Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,621,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. New Republic Capital LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 12.2% in the 4th quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 140 shares during the period. Pinnacle Family Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 6.3% in the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after acquiring an additional 147 shares during the last quarter. Claro Advisors LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after purchasing an additional 149 shares during the period. Latko Wealth Management Ltd. increased its position in iShares 20+ Year Treasury Bond ETF by 4.3% during the fourth quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 150 shares during the last quarter. Finally, Capital Square LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 1.7% during the third quarter. Capital Square LLC now owns 9,395 shares of the exchange traded fund’s stock worth $922,000 after purchasing an additional 157 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3 %

Shares of NASDAQ TLT opened at $90.11 on Friday. The stock has a market capitalization of $54.77 billion, a PE ratio of -7.34 and a beta of 0.06. The firm has a fifty day moving average of $88.41 and a 200-day moving average of $92.19. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2898 per share. The ex-dividend date 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.