iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 63.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,188 shares of the exchange traded fund’s stock after selling 31,338 shares during the period. Cavalier Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,605,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TLT. Coastline Trust Co acquired a new position in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. First Pacific Financial acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $38,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 416.0% during the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 416 shares during the period. Finally, Rossby Financial LCC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $51,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5%

Shares of NASDAQ TLT opened at $92.00 on Wednesday. The stock has a 50 day simple moving average of $88.76 and a 200-day simple moving average of $87.49. The company has a market cap of $50.19 billion, a PE ratio of -6.75 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.85.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.3104 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.