W Advisors LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

W Advisors LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,044 shares of the exchange traded fund’s stock after selling 1,091 shares during the quarter. W Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $593,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. McAdam LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after acquiring an additional 5,893 shares during the period. Saxon Interests Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 28.4% in the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after buying an additional 1,355 shares in the last quarter. Riverwater Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at approximately $223,000. Vontobel Holding Ltd. grew its stake in iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after acquiring an additional 36,070 shares during the period. Finally, Hancock Whitney Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth $1,674,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock traded down $1.19 during midday trading on Friday, reaching $91.26. The company had a trading volume of 21,644,723 shares, compared to its average volume of 39,371,887. iShares 20+ Year Treasury Bond ETF has a 12-month low of $86.22 and a 12-month high of $101.64. The firm’s fifty day simple moving average is $96.76 and its 200-day simple moving average is $94.00. The company has a market capitalization of $58.23 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.