Tectonic Advisors LLC Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Tectonic Advisors LLC lowered its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,016 shares of the exchange traded fund’s stock after selling 434 shares during the quarter. Tectonic Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in TLT. Assetmark Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares during the period. Quadrature Capital Ltd purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $89,789,000. IMC Chicago LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 440.7% during the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after purchasing an additional 851,884 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 51.9% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock valued at $204,612,000 after buying an additional 709,409 shares in the last quarter. Finally, Harvest Portfolios Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after buying an additional 683,915 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $89.89 on Thursday. The stock has a fifty day simple moving average of $88.89 and a two-hundred day simple moving average of $93.08. The firm has a market capitalization of $54.64 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a dividend of $0.3123 per share. The ex-dividend date of this dividend 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.