Syntax Research Inc. Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Syntax Research Inc. lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 87.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,526 shares of the exchange traded fund’s stock after selling 38,464 shares during the period. Syntax Research Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $483,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Principal Financial Group Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Commerce Bank grew its position in iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after purchasing an additional 2,426 shares during the last quarter. ST Germain D J Co. Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 201 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its position in 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. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %

NASDAQ:TLT opened at $90.70 on Monday. The company has a market cap of $55.13 billion, a PE ratio of -7.21 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 company’s 50 day moving average is $89.19 and its two-hundred day moving average is $91.65.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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