iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Summit X LLC

Summit X LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,204 shares of the exchange traded fund’s stock after selling 10,880 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for about 1.4% of Summit X LLC’s portfolio, making the stock its 19th largest holding. Summit X LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in TLT. Principal Financial Group Inc. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $314,000. SpiderRock Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $589,000. XML Financial LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $264,000. Finally, State of New Jersey Common Pension Fund D acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $2,452,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $90.40 on Wednesday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The stock has a market capitalization of $54.95 billion, a PE ratio of -7.34 and a beta of 0.06. The business’s 50 day moving average price is $88.54 and its 200 day moving average price is $92.04.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date was Monday, March 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.