DAVENPORT & Co LLC Has $7.33 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

DAVENPORT & Co LLC lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 17.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,919 shares of the exchange traded fund’s stock after selling 17,772 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Independence Bank of Kentucky bought a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $26,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $32,000. ORG Wealth Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. West Branch Capital LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 203 shares in the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $42,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

NASDAQ TLT opened at $88.16 on Tuesday. The company has a market capitalization of $53.58 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The stock has a fifty day simple moving average of $89.03 and a 200 day simple moving average of $93.13.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a $0.3123 dividend. The ex-dividend date is 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.