Signature Estate & Investment Advisors LLC Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Signature Estate & Investment Advisors LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,661 shares of the exchange traded fund’s stock after selling 1,702 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $407,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in TLT. Principal Financial Group Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 201 shares in the last quarter. Dynasty Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 50.7% in the 4th quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after buying an additional 304,416 shares during the period. Finally, Clear Street Derivatives LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $4,205,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.7 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.17 on Thursday. The company has a market capitalization of $54.20 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06. The stock’s 50-day simple moving average is $89.41 and its 200-day simple moving average is $91.49. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date was Monday, March 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.