Financial Advocates Investment Management Sells 31,602 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Financial Advocates Investment Management trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 61.7% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 19,623 shares of the exchange traded fund’s stock after selling 31,602 shares during the period. Financial Advocates Investment Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,034,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of TLT. Northwestern Mutual Wealth Management Co. boosted its position in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after buying an additional 31,502,110 shares during the last quarter. Jane Street Group LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares during the last quarter. Annex Advisory Services LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 11,463.6% in the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock worth $233,021,000 after purchasing an additional 2,516,950 shares during the last quarter. Hantz Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $143,473,000. Finally, Cibc World Market Inc. boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing an additional 1,511,435 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ:TLT opened at $92.45 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.55 and a 12-month high of $101.64. The firm has a market capitalization of $58.99 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock’s fifty day simple moving average is $96.76 and its 200-day simple moving average is $94.00.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF 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.