FPC Investment Advisory Inc. Sells 11,730 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

FPC Investment Advisory Inc. lessened its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 92,427 shares of the exchange traded fund’s stock after selling 11,730 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 5.9% of FPC Investment Advisory Inc.’s holdings, making the stock its 7th biggest position. FPC Investment Advisory Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,111,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Divergent Wealth Advisors increased its position in iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after purchasing an additional 117 shares during the period. New Republic Capital LLC increased its position in iShares 20+ Year Treasury Bond ETF by 12.2% during the 4th quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock worth $113,000 after purchasing an additional 140 shares during the period. Pinnacle Family Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 6.3% during the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after purchasing an additional 147 shares during the period. Claro Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after purchasing an additional 149 shares during the period. Finally, Latko Wealth Management Ltd. increased its position in iShares 20+ Year Treasury Bond ETF by 4.3% during the 4th quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.2 %

NASDAQ TLT opened at $89.57 on Friday. The business’s 50 day moving average is $87.86 and its two-hundred day moving average is $92.60. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The stock has a market capitalization of $54.44 billion, a price-to-earnings 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. Investors of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date of this dividend was 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.