Private Advisor Group LLC Has $16.31 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Private Advisor Group LLC lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 186,731 shares of the exchange traded fund’s stock after selling 61,795 shares during the quarter. Private Advisor Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $16,307,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Independence Bank of Kentucky acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $26,000. Richardson Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $30,000. New Wave Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $32,000. Van ECK Associates Corp raised its stake in iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 178 shares during the period. Finally, West Branch Capital LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $88.21 on Thursday. The company has a market capitalization of $53.61 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a 50-day moving average of $87.92 and a two-hundred day moving average of $92.72. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 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.