Mill Creek Capital Advisors LLC Sells 4,499 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mill Creek Capital Advisors LLC trimmed its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,295 shares of the exchange traded fund’s stock after selling 4,499 shares during the period. Mill Creek Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $288,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Independence Bank of Kentucky bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $26,000. Richardson Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $30,000. New Wave Wealth Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $32,000. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Finally, West Branch Capital LLC lifted its position 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 acquiring an additional 203 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

Shares of NASDAQ TLT opened at $88.43 on Wednesday. The business has a 50-day simple moving average of $88.54 and a two-hundred day simple moving average of $92.99. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The company has a market cap of $53.75 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date was Monday, February 3rd.

iShares 20+ Year Treasury Bond ETF 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.