Nvwm LLC Has $5.54 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Nvwm LLC decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 63,379 shares of the exchange traded fund’s stock after selling 3,909 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.4% of Nvwm LLC’s holdings, making the stock its 13th largest position. Nvwm LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,535,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $26,000. Richardson Financial Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $30,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $32,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Finally, West Branch Capital LLC boosted its holdings 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 worth $36,000 after buying an additional 203 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $88.43 on Wednesday. The stock has a market capitalization of $53.75 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The business’s fifty day moving average price is $88.95 and its two-hundred day moving average price is $93.10.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.3123 per share. The ex-dividend date of this dividend is 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.