Stonebrook Private Inc. Trims Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Stonebrook Private Inc. trimmed its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 54.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 36,977 shares of the exchange traded fund’s stock after selling 43,792 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.0% of Stonebrook Private Inc.’s holdings, making the stock its 29th biggest holding. Stonebrook Private Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Psagot Value Holdings Ltd. Israel purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $25,000. Bfsg LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% during the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 294 shares in the last quarter. Motco purchased a new position in iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $34,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth $35,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.0 %

Shares of NASDAQ:TLT traded down $0.01 on Friday, reaching $99.56. The company had a trading volume of 57,406,404 shares, compared to its average volume of 39,968,563. The firm has a market capitalization of $59.02 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 $82.42 and a 52-week high of $100.78. The firm’s 50 day simple moving average is $95.36 and its 200-day simple moving average is $93.19.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 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.