Advisors Preferred LLC Cuts Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Advisors Preferred LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 79.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 54,826 shares of the exchange traded fund’s stock after selling 216,805 shares during the quarter. Advisors Preferred LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,801,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of TLT. Independence Bank of Kentucky purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $30,000. New Wave Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $32,000. ORG Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Finally, West Branch Capital LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 203 shares during the period. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %

iShares 20+ Year Treasury Bond ETF stock opened at $89.27 on Friday. The company has a market cap of $54.26 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business’s 50 day simple moving average is $88.73 and its 200 day simple moving average is $93.03. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month 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. Shareholders of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date 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.