Transcend Capital Advisors LLC Sells 1,583 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Transcend Capital Advisors LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,029 shares of the exchange traded fund’s stock after selling 1,583 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,209,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 28.0% in the 4th quarter. Brighton Jones LLC now owns 2,747 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 601 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $237,000. Allspring Global Investments Holdings LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 32.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 100,620 shares of the exchange traded fund’s stock valued at $9,159,000 after purchasing an additional 24,742 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.1% during the 1st quarter. Golden State Wealth Management LLC now owns 6,359 shares of the exchange traded fund’s stock valued at $579,000 after buying an additional 307 shares in the last quarter. Finally, Sollinda Capital Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter worth about $4,477,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $91.78 on Tuesday. The company’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 has a one year low of $83.29 and a one year high of $94.85. The firm has a market capitalization of $50.08 billion, a P/E ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.