Jaffetilchin Investment Partners LLC Sells 10,575 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Jaffetilchin Investment Partners LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 76.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,204 shares of the exchange traded fund’s stock after selling 10,575 shares during the period. Jaffetilchin Investment Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $303,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TLT. Psagot Value Holdings Ltd. Israel bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $25,000. Bfsg LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% in the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 294 shares in the last quarter. Motco acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $32,000. Palisade Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $37,000. Finally, LRI Investments LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth approximately $42,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 2.6 %

NASDAQ TLT traded up $2.47 on Friday, hitting $97.78. 40,915,895 shares of the company’s stock were exchanged, compared to its average volume of 40,041,141. The stock has a 50-day moving average of $92.62 and a 200-day moving average of $92.59. The stock has a market cap of $58.14 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $100.57.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be paid a dividend of $0.3149 per share. The ex-dividend date is Thursday, August 1st.

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.