Dearborn Partners LLC Sells 193 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Dearborn Partners LLC decreased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 7.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 2,500 shares of the exchange traded fund’s stock after selling 193 shares during the period. Dearborn Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Quadrature Capital Ltd acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $89,789,000. Cassaday & Co Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $68,474,000. US Bancorp DE boosted its position in iShares 20+ Year Treasury Bond ETF by 78.0% in the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after buying an additional 743,864 shares in the last quarter. DRW Securities LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $63,060,000. Finally, TD Private Client Wealth LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 2,205.0% during the third quarter. TD Private Client Wealth LLC now owns 444,357 shares of the exchange traded fund’s stock worth $43,591,000 after buying an additional 425,079 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $90.40 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The stock has a market capitalization of $54.95 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. The stock has a fifty day moving average of $88.54 and a 200-day moving average of $92.04.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2898 dividend. The ex-dividend date was Monday, March 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.