Lane & Associates LLC Trims Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lane & Associates LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,358 shares of the exchange traded fund’s stock after selling 1,576 shares during the quarter. Lane & Associates LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,085,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of TLT. Independence Bank of Kentucky purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $26,000. Richardson Financial Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. New Wave Wealth Advisors LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000. Van ECK Associates Corp raised its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 178 shares in the last quarter. Finally, West Branch Capital LLC raised its position in 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 valued at $36,000 after acquiring an additional 203 shares in the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $88.54 on Friday. The stock has a market capitalization of $53.81 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The business has a 50 day simple moving average of $87.87 and a 200-day simple moving average of $92.69.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3123 dividend. 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.