Tradition Wealth Management LLC Cuts Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Tradition Wealth Management LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,848 shares of the exchange traded fund’s stock after selling 128 shares during the quarter. Tradition Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,297,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.9% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock valued at $214,000 after acquiring an additional 115 shares during the last quarter. Southeast Asset Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.1% in the 4th quarter. Southeast Asset Advisors LLC now owns 11,094 shares of the exchange traded fund’s stock worth $969,000 after purchasing an additional 119 shares during the period. Hollencrest Capital Management increased its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock valued at $1,259,000 after purchasing an additional 122 shares during the last quarter. Islay Capital Management LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 3.9% during the 4th quarter. Islay Capital Management LLC now owns 3,392 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 126 shares during the period. Finally, New Republic Capital LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 12.2% in the fourth quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock worth $113,000 after buying an additional 140 shares during the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.9 %

TLT stock opened at $87.53 on Monday. The firm’s fifty day simple moving average is $89.81 and its two-hundred day simple moving average is $90.16. The stock has a market capitalization of $48.07 billion, a price-to-earnings ratio of -7.38 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.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.3256 dividend. This represents a $3.91 annualized dividend and a yield of 4.46%. The ex-dividend date of this dividend was Tuesday, April 1st.

iShares 20+ Year Treasury Bond ETF Company 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.