NewEdge Advisors LLC Trims Stake in iShares 20+ Year Treasury Bond ETF $TLT

NewEdge Advisors LLC lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 222,662 shares of the exchange traded fund’s stock after selling 13,324 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,303,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in TLT. Yukon Wealth Management Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 0.5% in the 3rd quarter. Yukon Wealth Management Inc. now owns 23,442 shares of the exchange traded fund’s stock worth $2,095,000 after purchasing an additional 118 shares during the last quarter. Advyzon Investment Management LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Advyzon Investment Management LLC now owns 13,784 shares of the exchange traded fund’s stock valued at $1,201,000 after buying an additional 124 shares during the last quarter. Harvest Fund Management Co. Ltd raised its position in shares of iShares 20+ Year Treasury Bond ETF by 15.8% during the third quarter. Harvest Fund Management Co. Ltd now owns 922 shares of the exchange traded fund’s stock valued at $82,000 after buying an additional 126 shares during the last quarter. United Asset Strategies Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.2% in the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock valued at $901,000 after buying an additional 126 shares during the period. Finally, Ranch Capital Advisors Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Ranch Capital Advisors Inc. now owns 3,940 shares of the exchange traded fund’s stock valued at $342,000 after buying an additional 135 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3%

TLT stock opened at $82.76 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $81.89 and a twelve month high of $92.18. The company has a market cap of $41.69 billion, a PE ratio of -6.75 and a beta of 0.51. The business’s 50-day simple moving average is $84.81 and its 200 day simple moving average is $86.25.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.3305 per share. The ex-dividend date was Monday, August 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.