MBA Advisors LLC Sells 3,559 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

MBA Advisors LLC trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 16.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,681 shares of the exchange traded fund’s stock after selling 3,559 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 0.8% of MBA Advisors LLC’s portfolio, making the stock its 29th biggest holding. MBA Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,631,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Assetmark Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 3,121.7% in 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 last quarter. Harvest Portfolios Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after purchasing an additional 683,915 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in iShares 20+ Year Treasury Bond ETF by 17.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after purchasing an additional 353,468 shares in the last quarter. Hantz Financial Services Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 9.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after purchasing an additional 175,574 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 25.4% during the third quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock valued at $171,541,000 after purchasing an additional 354,610 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $89.27 on Monday. The company’s fifty day moving average price is $88.73 and its 200-day moving average price is $93.04. 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 one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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