Pineridge Advisors LLC Decreases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pineridge Advisors LLC cut its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 73.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,379 shares of the exchange traded fund’s stock after selling 3,798 shares during the period. Pineridge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $127,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of TLT. Psagot Value Holdings Ltd. Israel acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Bfsg LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% during the 1st quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 294 shares during the last quarter. Motco purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $34,000. Finally, Palisade Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.7 %

Shares of TLT stock traded up $0.64 during trading hours on Friday, hitting $98.39. The company’s stock had a trading volume of 32,005,083 shares, compared to its average volume of 40,176,848. The business has a fifty day moving average of $94.52 and a 200-day moving average of $92.85. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $100.57. The stock has a market cap of $58.33 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.3149 dividend. The ex-dividend date was Thursday, August 1st.

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.