iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by United Advisor Group LLC

United Advisor Group LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 58.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,609 shares of the exchange traded fund’s stock after selling 11,966 shares during the quarter. United Advisor Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $784,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of TLT. NBC Securities Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $25,000. Byrne Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $26,000. 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 worth $34,000 after acquiring an additional 178 shares during the period. Highline Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at about $41,000. Finally, Abound Wealth Management acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $43,000. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.2%

Shares of TLT opened at $86.65 on Thursday. The firm has a market capitalization of $46.89 billion, a PE ratio of -6.75 and a beta of 0.06. The stock’s 50 day moving average is $86.62 and its two-hundred day moving average is $88.44. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.30 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.3195 dividend. This represents a $3.83 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend was Monday, June 2nd.

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.