WestEnd Advisors LLC Decreases Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

WestEnd Advisors LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 820,470 shares of the exchange traded fund’s stock after selling 274,019 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.8% of WestEnd Advisors LLC’s holdings, making the stock its 12th largest holding. WestEnd Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $71,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Divergent Wealth Advisors lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after acquiring an additional 117 shares during the last quarter. Pinnacle Family Advisors LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 6.3% during the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after purchasing an additional 147 shares during the last quarter. Claro Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after purchasing an additional 149 shares during the period. Empirical Asset Management LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.5% in the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock worth $610,000 after purchasing an additional 152 shares during the last quarter. Finally, Capital Square LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1.7% in the third quarter. Capital Square LLC now owns 9,395 shares of the exchange traded fund’s stock worth $922,000 after purchasing an additional 157 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $89.27 on Friday. The firm has a market capitalization of $54.26 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The company has a 50-day moving average of $88.73 and a 200 day moving average of $93.03.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3123 per share. The ex-dividend date was Monday, February 3rd.

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.