Sequoia Financial Advisors LLC Lowers Stock Position in iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH)

Sequoia Financial Advisors LLC lessened its holdings in iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) by 93.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,675 shares of the company’s stock after selling 549,404 shares during the quarter. Sequoia Financial Advisors LLC owned 0.05% of iShares 10-20 Year Treasury Bond ETF worth $4,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cape Investment Advisory Inc. raised its holdings in shares of iShares 10-20 Year Treasury Bond ETF by 706.5% in the 4th quarter. Cape Investment Advisory Inc. now owns 250 shares of the company’s stock valued at $27,000 after acquiring an additional 219 shares in the last quarter. New Republic Capital LLC boosted its holdings in shares of iShares 10-20 Year Treasury Bond ETF by 91.4% during the fourth quarter. New Republic Capital LLC now owns 333 shares of the company’s stock worth $36,000 after purchasing an additional 159 shares during the period. ICA Group Wealth Management LLC purchased a new position in iShares 10-20 Year Treasury Bond ETF during the 4th quarter valued at $36,000. Country Trust Bank bought a new stake in shares of iShares 10-20 Year Treasury Bond ETF during the second quarter valued at approximately $46,000. Finally, Sugarloaf Wealth Management LLC purchased a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the 2nd quarter worth approximately $49,000.

iShares 10-20 Year Treasury Bond ETF Stock Performance

Shares of NYSEARCA TLH traded up $0.56 during trading on Tuesday, reaching $107.99. 219,014 shares of the company traded hands, compared to its average volume of 627,214. The firm has a 50 day simple moving average of $104.34 and a 200-day simple moving average of $103.27. iShares 10-20 Year Treasury Bond ETF has a 52-week low of $93.08 and a 52-week high of $110.63.

About iShares 10-20 Year Treasury Bond ETF

The iShares 10-20 Year Treasury Bond ETF (TLH) is an exchange-traded fund that is based on the ICE U.S. Treasury 10-20 Year TR index. The fund tracks a market-weighted index of debt issued by the U.S. Treasury TLH was launched on Jan 5, 2007 and is managed by BlackRock.