D.A. Davidson & CO. Decreases Holdings in iShares 20+ Year Treasury Bond ETF $TLT

D.A. Davidson & CO. reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 93.9% in the 2nd quarter, Holdings Channel reports. The firm owned 11,678 shares of the exchange traded fund’s stock after selling 181,251 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,031,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of TLT. Coastline Trust Co purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $32,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 38.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 465 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 129 shares during the period. Woodard & Co. Asset Management Group Inc. ADV raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 416.0% during the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 516 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 416 shares during the period. Rossby Financial LCC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $51,000. Finally, Harbor Investment Advisory LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,477.5% during the 2nd quarter. Harbor Investment Advisory LLC now owns 631 shares of the exchange traded fund’s stock valued at $56,000 after buying an additional 591 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $91.78 on Tuesday. The company has a market cap of $50.08 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a one year low of $83.29 and a one year high of $94.85. The business’s 50-day simple moving average is $89.15 and its 200 day simple moving average is $87.56.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3104 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Wednesday, October 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.