Cavalier Investments LLC Sells 1,837 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cavalier Investments LLC cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.7% during the third quarter, Holdings Channel reports. The institutional investor owned 47,515 shares of the exchange traded fund’s stock after selling 1,837 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 1.4% of Cavalier Investments LLC’s investment portfolio, making the stock its 18th biggest position. Cavalier Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,661,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of TLT. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after purchasing an additional 6,457,638 shares in the last quarter. Annex Advisory Services LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 11,463.6% during the 2nd quarter. Annex Advisory Services LLC now owns 2,538,906 shares of the exchange traded fund’s stock valued at $233,021,000 after acquiring an additional 2,516,950 shares during the period. Hantz Financial Services Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth approximately $143,473,000. Finally, Cibc World Market Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 21.9% during the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after acquiring an additional 1,511,435 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 TLT stock opened at $92.14 on Monday. The firm has a fifty day moving average price of $97.14 and a 200-day moving average price of $93.98. The company has a market cap of $58.79 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.24 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders 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.