iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 123,665 shares of the exchange traded fund’s stock after selling 3,875 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,800,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Beacon Financial Group increased its stake in iShares 20+ Year Treasury Bond ETF by 12.5% during the fourth quarter. Beacon Financial Group now owns 33,314 shares of the exchange traded fund’s stock worth $2,909,000 after acquiring an additional 3,706 shares during the last quarter. New Republic Capital LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 12.2% in the 4th quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 140 shares during the last quarter. True Vision MN LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.7% during the 4th quarter. True Vision MN LLC now owns 22,936 shares of the exchange traded fund’s stock worth $2,003,000 after purchasing an additional 2,027 shares during the period. Latitude Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 18.2% during the 4th quarter. Latitude Advisors LLC now owns 35,759 shares of the exchange traded fund’s stock worth $3,123,000 after purchasing an additional 5,511 shares during the last quarter. Finally, Sovran Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $9,803,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $88.43 on Wednesday. The stock has a market capitalization of $53.75 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm’s 50-day moving average is $88.54 and its two-hundred day moving average is $92.99. 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 business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3123 dividend. 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.